BNP Paribas Downgrades The Weir Group (OTCMKTS:WEGRY) to Hold

The Weir Group (OTCMKTS:WEGRY) was downgraded by investment analysts at BNP Paribas from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

The Weir Group Trading Down 1.6 %

OTCMKTS WEGRY opened at $14.42 on Thursday. The business’s 50-day moving average price is $14.19 and its two-hundred day moving average price is $13.71. The Weir Group has a 12 month low of $11.23 and a 12 month high of $15.26.

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.