Weir Group Plc (The) (WEGRY) Rating Increased to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Weir Group Plc (The) (NASDAQ:WEGRY) from a hold rating to a buy rating in a research note issued to investors on Tuesday. Zacks Investment Research currently has $13.00 price target on the stock.

According to Zacks, “The Weir Group PLC provides engineering solutions. The company’s operating segment consists of Minerals, Oil & Gas and Flow Control. Oil & Gas segment provides products and service solutions to upstream, production, transportation, refining and related industries. Flow Control segment designs and manufactures valves and pumps. Minerals segment offers provision of slurry handling equipment and associated aftermarket support. It also provides specialist support services to the global power generation, industrial and oil and gas sectors. The Weir Group PLC is headquartered in Glasgow, the United Kingdom. “

Weir Group Plc (NASDAQ:WEGRY) opened at 11.87 on Tuesday. The company has a market capitalization of $5.17 billion and a P/E ratio of 59.35. Weir Group Plc has a 12-month low of $9.49 and a 12-month high of $13.39.

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