WEIR GRP PLC/S (OTCMKTS:WEGRY) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of WEIR GRP PLC/S (OTCMKTS:WEGRY) from a hold rating to a sell rating in a report released on Sunday, Zacks.com reports.

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 several other research reports. ValuEngine downgraded Zions Bancorporation NA from a hold rating to a sell rating in a research note on Wednesday, March 20th. Liberum Capital reaffirmed a buy rating and set a GBX 1,350 ($17.64) price objective on shares of in a research report on Friday, June 21st.

WEGRY stock opened at $9.35 on Friday. WEIR GRP PLC/S has a 12 month low of $7.69 and a 12 month high of $13.54. The business has a 50-day moving average of $9.53.

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, ESCO, and Oil & Gas. The Minerals segment offers slurry handling equipment and associated aftermarket support services for abrasive high-wear applications used in the mining and oil sands markets.

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