Wall Street Zen Upgrades WBI (NYSE:WBI) to “Hold”

WBI (NYSE:WBIGet Free Report) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

WBI has been the subject of several other reports. Weiss Ratings initiated coverage on shares of WBI in a research report on Wednesday, January 14th. They set a “sell (e-)” rating for the company. The Goldman Sachs Group increased their price target on shares of WBI from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. UBS Group set a $33.00 price target on shares of WBI in a research note on Monday, March 16th. Finally, Wells Fargo & Company boosted their price objective on shares of WBI from $25.00 to $26.00 and gave the company an “equal weight” rating in a research report on Friday, March 13th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $28.33.

Get Our Latest Stock Analysis on WBI

WBI Stock Down 0.1%

NYSE WBI opened at $25.68 on Friday. WBI has a 52 week low of $18.64 and a 52 week high of $27.57. The stock has a market cap of $3.17 billion and a price-to-earnings ratio of -1,283.80. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.77. The company’s 50-day simple moving average is $24.10.

WBI Company Profile

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WaterBridge Infrastructure LLC is an integrated, pure-play water infrastructure company. WaterBridge Infrastructure LLC is based in HOUSTON.

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