Willbros Group Upgraded to Neutral at Zacks (WG)
Willbros Group (NYSE:WG) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, American Banking & Market News reports. The firm currently has a $9.10 target price on the stock. Zacks‘ price target indicates a potential upside of 2.25% from the stock’s previous close.
Willbros Group (NYSE:WG) last announced its earnings results on Wednesday, November 6th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.13. The company had revenue of $503.00 million for the quarter, compared to the consensus estimate of $519.43 million. The company’s quarterly revenue was down 8.2% on a year-over-year basis.
Willbros Group, Inc (NYSE:WG) is a full service engineering and construction company specializing in energy infrastructure serving the oil and gas and power industries.
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