WGL Holdings Inc (NYSE:WGL) stock price target increased to $84.00, issued a research note today by Zacks Investment Research
- Updated: November 30, 2016
In a report released on 11/30/2016 Zacks Investment Research increased the stock price target of WGL Holdings Inc (NYSE:WGL) to $84.00 indicating a possible upside of 0.11%.
Yesterday WGL Holdings Inc (NYSE:WGL) traded 9.35% higher at $75.63. The company’s 50-day moving average is $62.28 and its 200-day moving average is $65.34. The last closing price is 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 traded hands, up from an average trading volume of 237,722
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WGL Holdings Inc has a 52 week low of $58.62 and a 52 week high of $77.25 with a P/E ratio of 22.80 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokers have issued a report on the company. The average stock price target is $60.67 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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