WBI (NYSE:WBI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of WBI (NYSE:WBIFree Report) from a sell rating to a hold rating in a research report sent to investors on Saturday morning.

WBI has been the topic of several other reports. UBS Group set a $33.00 target price on shares of WBI in a research note on Monday, March 16th. Weiss Ratings assumed coverage on WBI in a research note on Wednesday, January 14th. They issued a “sell (e-)” rating for the company. The Goldman Sachs Group upped their price target on WBI from $23.00 to $26.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Finally, Wells Fargo & Company raised their price objective on WBI from $25.00 to $26.00 and gave the company an “equal weight” rating in a report on Friday, March 13th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $28.33.

Check Out Our Latest Analysis on WBI

WBI Stock Performance

WBI stock opened at $25.72 on Friday. WBI has a one year low of $18.64 and a one year high of $27.57. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.77. The firm’s fifty day moving average price is $24.14. The firm has a market capitalization of $3.18 billion and a price-to-earnings ratio of -1,285.85.

WBI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th were given a $0.05 dividend. The ex-dividend date was Thursday, March 5th. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. WBI’s dividend payout ratio (DPR) is -1,000.00%.

About WBI

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

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