Price Target Update on Williams Companies (The) (NYSE:WMB)

Williams Companies (The) (NYSE:WMB) : The highest level Williams Companies (The) (NYSE:WMB) is projected to reach is $27 for the short term and the lowest estimate is at $16. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $23 and the possibility the share price can swing is $4.53.

Other Equity analysts have also commented on the company shares. In a research note released to the investors, Jefferies maintains its rating on Williams Companies (The) (NYSE:WMB).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Jefferies lowers the new price target from $30 per share to $27 per share. The rating by the firm was issued on June 8, 2016.

Williams Companies (The) (NYSE:WMB): stock turned positive on Thursday. Though the stock opened at $21.1, the bulls momentum made the stock top out at $21.83 level for the day. The stock recorded a low of $20.67 and closed the trading day at $21.78, in the green by 4.91%. The total traded volume for the day was 11,725,552. The stock had closed at $20.76 in the previous days trading.

The company shares have dropped -62.43% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $58.77 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $21.41 and the 200 Day Moving Average price is recorded at $19.45. On the companys insider trading activities,The officer (Vice President and Controller) of Williams Companies Inc, Timmermans Ted T sold 1,000 shares at $36.58 on November 30, 2015. The Insider selling transaction had a total value worth of $36,580. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

The Williams Companies, Inc. is an energy infrastructure company focused on connecting North Americas hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins. The Company operates through three segments: Williams Partners, comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.), which includes gas pipeline and midstream businesses; Access Midstream, comprised of its consolidated master limited partnership ACMP (Access Midstream Partners, L.P.), which includes certain domestic midstream businesses that provide gathering, treating, and compression services to producers under long-term, fee-based contracts, and Williams NGL and Petchem Services, comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development, including a propane dehydrogenation facility and a liquids extraction plant.

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