Janney Montgomery Scott downgraded WGL Holdings Inc (NYSE:WGL) to Neutral in a report released today.
- Updated: November 29, 2016
Only yesterday WGL Holdings Inc (NYSE:WGL) traded 9.35% higher at $75.63. WGL Holdings Inc’s 50-day average is $62.28 and its two hundred day average is $65.34. With the last close up 15.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 1,252,209 shares of the stock were exchanged, up from an average trading volume of 237,722
Janney Montgomery Scott has downgraded WGL Holdings Inc (NYSE:WGL) to Neutral in a report released on 11/29/2016.
Recent Performance Chart
WGL Holdings Inc has PE ratio of 22.80 with a one year low of $58.62 and a one year high of $77.25 and has a total market value of $0.
A total of 3 analysts have reported on the stock. 0 firms rating the company a strong buy, zero equity analysts rating the company a buy, four brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $60.67.
More About WGL Holdings Inc (NYSE:WGL)
WGL Holdings, Inc. (WGL) is a holding company. The Company operates through four segments. The Regulated Utility segment consists of Washington Gas Light Company, which provides regulated gas distribution services to end use customers and natural gas transportation services to an unaffiliated natural gas distribution company and Hampshire Gas Company, which provides regulated interstate natural gas storage services. The Retail Energy-Marketing segment consists of the operations of WGL Energy Services, Inc., which sells natural gas and electricity directly to retail customers. The Commercial Energy Systems segment consists of the operations of WGL Energy Systems, Inc., WGSW, Inc. and the results of operations of affiliate-owned commercial distributed energy projects. The Midstream Energy Services segment consists of the operations of WGL Midstream, Inc., which engages in acquiring, investing in, managing and optimizing natural gas storage and transportation assets.
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