Weir Group Plc (NASDAQ:WEGRY) Lowered to “Hold” at Zacks Investment Research

Weir Group Plc (OTCMKTS:WEGRY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday, November 4th.

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. “

Shares of Weir Group Plc (OTCMKTS WEGRY) traded down $0.03 during trading hours on Friday, hitting $13.55. The stock had a trading volume of 409 shares, compared to its average volume of 1,754. Weir Group Plc has a 1 year low of $10.79 and a 1 year high of $14.20.

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