WEIR Grp PLC/S (OTCMKTS:WEGRY) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a report released on Thursday.
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. “
WEGRY has been the subject of a number of other research reports. ValuEngine lowered shares of WEIR Grp PLC/S from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. UBS Group upgraded shares of WEIR Grp PLC/S from a “neutral” rating to a “buy” rating in a report on Monday, July 9th.
About WEIR Grp PLC/S
The Weir Group PLC designs, manufactures, and sells highly-engineered products and services worldwide. It operates through three segments: Minerals, Oil & Gas, and Flow Control. The Minerals segment engineers pumps, valves, rubber, crushers, screen media systems, screens, hose and pipe pools, centrifuges, pontoons and barges, hydrocyclones, wear linings, mill liners, feeders, conveyors, and washers; and offers slurry handling equipment and associated aftermarket support services for mining, and oil sands markets.
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