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Willbros Group Inc (NYSE:WG) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Just yesterday Willbros Group Inc (NYSE:WG) traded 2.22% lower at $1.77. The company’s 50-day average is $1.88 and its two hundred day moving average is $2.39. With the last stock price close down 26.40% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same time. 16,030 shares of WG were exchanged, down from ann average trading volume of 321,522.

Zacks Investment Research has upgraded Willbros Group Inc(NYSE:WG) to Hold in a statement released 9/20/2016.

Recent Performance Graphic:

Willbros Group Inc (NYSE:WG)

Also covering Willbros Group Inc’s target price, a total of 4 brokerages have issued a research note on Willbros Group Inc. The average target is $2.41 with 0 rating the company a strong buy, 0 rating the stock a buy, five firms rating the stock a hold, one analyst rating the stock to underperform, and finally 0 analysts rating the company as sell.

Willbros Group Inc has a one-year low of $1.11 and a one-year high of $3.43 with a price-earnings ratio of 3 and has a market cap of $0.0.

Brief Synopsis About Willbros Group Inc (NYSE:WG)

Willbros Group, Inc. (Willbros) is a specialty energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. The Company’s offerings include construction, maintenance and facilities development services. The Company operates through three segments: Oil & Gas, Utility T&D and Canada. The Company provides services through operating subsidiaries. The Company’s segments operated primarily in the United States and Canada. It provides construction, project management, maintenance and lifecycle extension services to the midstream markets. It provides a range of services in electric and natural gas transmission and distribution, including comprehensive engineering, procurement, maintenance and construction, repair and restoration of utility infrastructure. Its projects and specialty services include a range of construction project work, and including both above and below ground piping from small and midinch projects to large diameter mainline spreads.

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