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WGL Holdings Inc (WGL) [hlAlert]

Rating:
Buy WGL
up 53.57 %

WGL Holdings Inc (WGL) rated Buy with price target $42 by Morgan Joseph

Posted on: Friday,  Nov 19, 2010  2:25 PM ET by Morgan Joseph

Morgan Joseph rated Buy WGL Holdings Inc (NYSE: WGL) on 11/19/2010. Previously Morgan Joseph rated Buy WGL Holdings Inc (NYSE: WGL) on
08/19/2010., when the stock price was $35.84. Since then, WGL Holdings Inc has gained 53.57% as of 01/21/2016's recent price of $55.04.
If you would have followed the previous Morgan Joseph's recommendation on WGL, you would have gained 53.57% of your investment in 1981 days.

WASHINGTON GAS LIGHT CO is a public utility that delivers and sells natural gas to metropolitan Washington, D.C. and adjoining areas in Maryland and Virginia. A distribution subsidiary serves portions of Virginia and West Virginia. The Company has four wholly-owned active subsidiaries that include: Shenandoah Gas Company (Shenandoah) is engaged in the delivery and sale of natural gas at retail in the Shenandoah Valley, including Winchester, Middletown, Strasburg, Stephens City and New Market, Virginia, and Martinsburg, West Virginia.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2010 2:25 PM Buy
None
37.05 42.00
as of 12/31/2010
1 Week up  0.83 %
1 Month up  0.27 %
3 Months down  -3.75 %
1 YTD down  -1.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/19/2010 9:25 AM Buy
None
35.84 40.00

(*) Stock Price at the time of the recommendation.
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