Weir Group (OTCMKTS:WEGRY - Get Free Report) shares reached a new 52-week high during trading on Saturday . The company traded as high as $17.81 and last traded at $17.81, with a volume of 120 shares. The stock had previously closed at $17.34.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on WEGRY shares. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Weir Group in a report on Wednesday, June 11th. UBS Group raised Weir Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 8th. Citigroup raised Weir Group from a "hold" rating to a "strong-buy" rating in a report on Monday, July 7th. Finally, Kepler Capital Markets raised Weir Group from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat, Weir Group presently has a consensus rating of "Strong Buy".
Read Our Latest Stock Report on WEGRY
Weir Group Trading Up 2.7%
The company's 50 day moving average price is $16.71 and its 200-day moving average price is $15.40.
Weir Group Company Profile
(
Get Free Report)
The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.
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