Willbros Group Receives Consensus Rating of “Hold” from Analysts (NYSE:WG)
Shares of Willbros Group (NYSE:WG) have been given a consensus rating of “Hold” by the eight ratings firms that are covering the company, American Banking News.com reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $11.23.
Shares of Willbros Group (NYSE:WG) opened at 12.07 on Wednesday. Willbros Group has a one year low of $6.85 and a one year high of $13.69. The stock has a 50-day moving average of $12.4 and a 200-day moving average of $10.79. The company’s market cap is $604.0 million.
WG has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Willbros Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, July 8th. They now have a $11.60 price target on the stock. Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Willbros Group in a research note on Friday, May 9th. They now have a $13.00 price target on the stock, down previously from $13.50.
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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