WBI (NYSE:WBI) Price Target Raised to $36.00

WBI (NYSE:WBI) had its target price raised by research analysts at The Goldman Sachs Group from $32.00 to $36.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. The Goldman Sachs Group’s price target points to a potential upside of 22.43% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Weiss Ratings upgraded shares of WBI from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 18th. UBS Group set a $33.00 target price on shares of WBI in a research note on Monday, March 16th. Morgan Stanley boosted their target price on shares of WBI from $34.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Barclays boosted their target price on shares of WBI from $29.00 to $33.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of WBI from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.20.

WBI Stock Down 0.7%

WBI opened at $29.41 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $3.63 billion and a PE ratio of 117.62. WBI has a twelve month low of $18.64 and a twelve month high of $31.90. The company has a 50-day moving average of $27.84.

WBI Company Profile

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