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WGL Holdings (NYSE:WGL) was upgraded by research analysts at Brean Capital from a “hold” rating to a “buy” rating in a report released on Friday, TheFlyOnTheWall.com reports. The firm currently has a $45.00 price objective on the stock. Brean Capital’s price target would suggest a potential upside of 9.54% from the company’s current price.

A number of other firms have also recently commented on WGL. Analysts at Zacks downgraded shares of WGL Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $45.30 price target on the stock. Analysts at TheStreet upgraded shares of WGL Holdings from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. WGL Holdings presently has a consensus rating of “Hold” and an average price target of $44.77.

WGL Holdings (NYSE:WGL) traded up 7.06% during mid-day trading on Friday, hitting $41.08. The stock had a trading volume of 623,122 shares. WGL Holdings has a one year low of $35.35 and a one year high of $46.02. The stock has a 50-day moving average of $41.06 and a 200-day moving average of $39.69. The company has a market cap of $2.132 billion and a price-to-earnings ratio of 109.32.

WGL Holdings (NYSE:WGL) last announced its earnings results on Wednesday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.09. The company had revenue of $467.50 million for the quarter, compared to the consensus estimate of $492.62 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was down 2.2% on a year-over-year basis. On average, analysts predict that WGL Holdings will post $2.38 earnings per share for the current fiscal year.

WGL Holdings, Inc (NYSE:WGL) is a holding company.

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