WGL Holdings Inc (NYSE:WGL) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 6, 2016
Zacks Investment Research has downgraded WGL Holdings Inc (NYSE:WGL) to Sell in a statement released on 10/06/2016.
Having a price of $59.48, WGL Holdings Inc (NYSE:WGL) traded 0.00% even on the day. With the last close down -11.40% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. WGL Holdings Inc has recorded a 50-day average of $63.15 and a two hundred day average of $67.23. Volume of trade was down over the average, with 185,694 shares of WGL changing hands under the typical 235,137
With a total market value of $0, WGL Holdings Inc has price-earnings ratio of 16.84 with a one year low of $57.04 and a one year high of $74.10 .
A total of 3 analysts have released a report on WGL Holdings Inc. zero analysts rating the company a strong buy, zero analysts rating the company a buy, four analysts rating the company a hold, one analyst rating the company 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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