Brokerages Set Weir Group Plc (The) (WEGRY) Target Price at $13.00

Weir Group Plc (The) (NASDAQ:WEGRY) has been assigned an average rating of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $13.00.

Separately, Zacks Investment Research upgraded Weir Group Plc (The) from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Tuesday.

Weir Group Plc (NASDAQ WEGRY) remained flat at $11.80 during mid-day trading on Friday. The stock had a trading volume of 147 shares. The stock has a market cap of $5.14 billion and a PE ratio of 59.30. Weir Group Plc has a 12-month low of $9.49 and a 12-month high of $13.39.

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