WBI (NYSE:WBI) Price Target Raised to $43.00

Posted by Doug Wharley on Aug 12th, 2026

WBI (NYSE:WBI – Get Free Report) had its target price boosted by Morgan Stanley from $38.00 to $43.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target points to a potential upside of 33.42% from the stock’s current price.

Several other research analysts also recently weighed in on WBI. Barclays boosted their target price on WBI from $29.00 to $33.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. The Goldman Sachs Group increased their price target on shares of WBI from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Wall Street Zen upgraded WBI from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, Weiss Ratings raised WBI from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, WBI presently has an average rating of “Moderate Buy” and an average target price of $35.20.

Read Our Latest Stock Analysis on WBI

WBI Stock Performance

Shares of NYSE WBI traded down $0.07 during trading on Wednesday, hitting $32.23. The company had a trading volume of 85,705 shares, compared to its average volume of 958,064. The firm has a market capitalization of $3.98 billion and a P/E ratio of 402.87. WBI has a 12 month low of $18.64 and a 12 month high of $36.89. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a 50 day simple moving average of $32.50 and a 200 day simple moving average of $28.52.

WBI (NYSE:WBI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.10 earnings per share for the quarter. The firm had revenue of $217.77 million for the quarter. WBI had a return on equity of 0.84% and a net margin of 0.54%. As a group, analysts anticipate that WBI will post 0.55 earnings per share for the current year.

Insider Activity at WBI

In other WBI news, major shareholder Wbr Holdings Llc sold 5,894,826 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $30.05, for a total transaction of $177,139,521.30. Following the transaction, the insider directly owned 1,980,921 shares in the company, valued at $59,526,676.05. This represents a 74.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Energy Corp/De Devon sold 1,755,174 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $30.05, for a total transaction of $52,742,978.70. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,439,652 shares of company stock valued at $584,161,543 in the last ninety days. Insiders own 50.61% of the company’s stock.