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

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

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

WBI Stock Down 0.1%

WBI stock opened at $25.68 on Friday. The firm has a market capitalization of $3.17 billion and a PE ratio of -1,283.80. WBI has a twelve month low of $18.64 and a twelve month high of $27.57. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.38 and a quick ratio of 3.36. The firm has a 50 day moving average of $24.10.

About WBI

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