The Weir Group (OTCMKTS:WEGRY) Downgraded to “Hold” Rating by BNP Paribas

BNP Paribas downgraded shares of The Weir Group (OTCMKTS:WEGRY) from a strong-buy rating to a hold rating in a research note released on Thursday morning,Zacks.com reports.

The Weir Group Trading Down 1.6 %

WEGRY stock 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 firm has a fifty day moving average price of $14.19 and a two-hundred day moving average price of $13.71.

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.