Short Term Price Target on Williams Companies (The) (WMB)

Williams Companies (The) (NYSE:WMB) : The highest short term price target forecast on Williams Companies (The) (NYSE:WMB) is $27 and the lowest target price is $16. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $23 with a standard deviation of $4.53.

Williams Companies, Inc. has lost 0.69% in the last five trading days and dropped 1.35% in the last 4 weeks. Williams Companies, Inc. is up 43.59% in the last 3-month period. Year-to-Date the stock performance stands at -10.08%. Also, Jefferies maintains its rating on Williams Companies (The) (NYSE:WMB). The global brokerage major lowers the current price target from $30 per share to $27 per share. Analysts at the Jefferies have a current rating of Buy on the shares. The rating by the firm was issued on June 8, 2016.

Williams Companies (The) (NYSE:WMB) : Zacks Investment Research ranks Williams Companies (The) (NYSE:WMB) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.14, which indicates as a Buy.

Williams Companies (The) (NYSE:WMB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.61 and $20.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.63, notching a gain of 3.79% for the day. The total traded volume was 14,657,045 . The stock had closed at $20.84 on the previous day.

In an insider trading activity,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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