Weir Group (WEIGF) Upgraded by JPMorgan Chase & Co. to Overweight

JPMorgan Chase & Co. upgraded shares of Weir Group (OTCMKTS:WEIGF) from an underweight rating to an overweight rating in a research note issued to investors on Monday morning.

Analyst Recommendations for Weir Group (OTCMKTS:WEIGF)

Other equities research analysts have also issued research reports about the company. HSBC raised Weir Group from a hold rating to a buy rating in a research report on Monday, May 23rd. Morgan Stanley upgraded Weir Group from an equal weight rating to an overweight rating in a research note on Wednesday, September 7th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. Weir Group currently has an average rating of Hold.

Weir Group (OTCMKTS:WEIGF) opened at 21.50 on Monday. The stock’s 50 day moving average price is $20.66 and its 200 day moving average price is $17.94. Weir Group has a 52 week low of $12.15 and a 52 week high of $21.50. The firm’s market capitalization is $4.61 billion.

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