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

WBI (NYSE:WBI) had its price target upped by analysts at The Goldman Sachs Group from $32.00 to $36.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s target price indicates a potential upside of 22.43% from the company’s previous close.

WBI has been the subject of several other reports. Wall Street Zen raised shares of WBI from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. UBS Group set a $33.00 target price on shares of WBI in a research report on Monday, March 16th. Weiss Ratings upgraded shares of WBI from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Barclays boosted their price target on shares of WBI from $29.00 to $33.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Finally, Wells Fargo & Company boosted their price target on shares of WBI from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Friday, March 13th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.20.

WBI Price Performance

NYSE: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’s 50-day simple moving average is $27.84. The company has a market capitalization of $3.63 billion and a P/E ratio of 117.62. WBI has a one year low of $18.64 and a one year high of $31.90.

WBI Company Profile

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