The Weir Group (OTCMKTS:WEGRY) Stock Rating Lowered by BNP Paribas

The Weir Group (OTCMKTS:WEGRY) was downgraded by analysts at BNP Paribas from a “strong-buy” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

The Weir Group Price Performance

OTCMKTS:WEGRY opened at $14.42 on Thursday. The Weir Group has a 1 year low of $11.23 and a 1 year high of $15.26. The business has a fifty day moving average of $14.19 and a 200-day moving average of $13.71.

About The Weir Group

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.