Zacks Rating on WGL Holdings Inc (WGL)

WGL Holdings Inc (WGL) : The consensus on WGL Holdings Inc (WGL) based on 6 analyst recommendation on the company stock is 3.17, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on WGL Holdings Inc (WGL).

WGL Holdings Inc (WGL) : The most positive equity analysts on WGL Holdings Inc (WGL) expects the shares to touch $70, whereas, the least positive believes that the stock will trade at $63 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $65.67 with an expected fluctuation of $3.79 from the mean.


Shares of WGL Holdings Inc. appreciated by 0.79% during the last five trading days but lost 10.38% on a 4-week basis. WGL Holdings Inc. has dropped 0.91% during the last 3-month period . Year-to-Date the stock performance stands at 3.94%. WGL Holdings Inc (NYSE:WGL): On Tuesdays trading session , Opening price of the stock was $64.45 with an intraday high of $64.86. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $64.08. However, the stock managed to close at $64.09, a loss of 0.39% for the day. On the previous day, the stock had closed at $64.34. The total traded volume of the day was 121,165 shares.

WGL Holdings, Inc. (WGL Holdings), is a United States of America-based public utility holding. Through its wholly owned subsidiaries, it sells and delivers natural gas and provides energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. Promotes the efficient use of clean natural gas and renewable energy to improve the environment for the benefit of customers, investors, employees, and the communities it serves. The Companys business segments include Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Midstream Energy Services. WGL Holdings owns all of the shares of common stock of Washington Gas, Washington Gas Resources, Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources owns four unregulated subsidiaries that include WGEServices, WGESystems, and WGL Midstream.

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