The Weir Group (OTCMKTS:WEGRY) PT Raised to GBX 2,165 at Deutsche Bank Aktiengesellschaft

The Weir Group (OTCMKTS:WEGRY) had its price objective hoisted by analysts at Deutsche Bank Aktiengesellschaft from GBX 2,100 ($26.52) to GBX 2,165 ($27.34) in a research note issued on Friday, FlyOnTheWall reports.

A number of other analysts have also recently weighed in on WEGRY. JPMorgan Chase & Co. upped their target price on shares of The Weir Group from GBX 2,175 ($27.47) to GBX 2,400 ($30.31) in a research note on Wednesday, August 2nd. Bank of America raised shares of The Weir Group from a “neutral” rating to a “buy” rating in a research note on Thursday. Finally, Morgan Stanley upped their target price on shares of The Weir Group from GBX 1,760 ($22.23) to GBX 1,790 ($22.61) in a research note on Wednesday, August 2nd.

The Weir Group Stock Performance

OTCMKTS WEGRY opened at $11.95 on Friday. The company’s 50-day simple moving average is $11.44 and its 200 day simple moving average is $11.30. The Weir Group has a twelve month low of $7.51 and a twelve month high of $12.20. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.80 and a quick ratio of 1.17.

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.