Whiting USA Trust II Upgraded to Neutral by Robert W. Baird (WHZ)
Whiting USA Trust II (NYSE:WHZ) was upgraded by stock analysts at Robert W. Baird from an “underperform” rating to a “neutral” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $12.00 price target on the stock, up from their previous price target of $11.00. Robert W. Baird’s price objective suggests a potential upside of 3.45% from the stock’s previous close. The analysts noted that the move was a valuation call.
Shares of Whiting USA Trust II (NYSE:WHZ) opened at 11.60 on Tuesday. Whiting USA Trust II has a 1-year low of $11.13 and a 1-year high of $14.48. The stock has a 50-day moving average of $12.90 and a 200-day moving average of $13.08. The company has a market cap of $213.4 million and a price-to-earnings ratio of 3.98.
Whiting USA Trust II (NYSE:WHZ) is a statutory trust.
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