The Weir Group (OTCMKTS:WEGRY) Lifted to “Moderate Buy” at Royal Bank of Canada

Royal Bank of Canada upgraded shares of The Weir Group (OTCMKTS:WEGRY) to a moderate buy rating in a research report sent to investors on Wednesday morning, Zacks.com reports.

A number of other brokerages have also issued reports on WEGRY. Berenberg Bank upgraded The Weir Group to a strong-buy rating in a research report on Wednesday, May 22nd. Barclays raised The Weir Group to a strong-buy rating in a research note on Wednesday.

The Weir Group Trading Down 2.3 %

Shares of OTCMKTS:WEGRY opened at $12.56 on Wednesday. The Weir Group has a 1 year low of $9.90 and a 1 year high of $14.18. The business’s 50 day moving average price is $13.05 and its 200-day moving average price is $12.60.

The Weir Group Company Profile

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.