Williams Partners LP (WPZ) has been under a strong bear grip, hence the stock is down -0.51% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.12% in the past 1 week. The stock has risen by 0.46% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.72% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.27% and the fifty day Moving Average is 5.47%. Williams Partners L.P. is up 18.54% in the last three month period. Year-to-Date the stock performance stands at 46.81%.
Williams Partners LP (WPZ) : Average target price received by Williams Partners LP (WPZ) is $38 with an expected standard deviation of $2.38. The most aggressive target on the stock is $40, whereas the most downbeat target is $34. 7 financial analysts are currently covering the stock.
Williams Partners LP (NYSE:WPZ): stock turned positive on Friday. Though the stock opened at $36.96, the bulls momentum made the stock top out at $37.46 level for the day. The stock recorded a low of $36.75 and closed the trading day at $37.07, in the green by 0.73%. The total traded volume for the day was 1,164,492. The stock had closed at $36.8 in the previous days trading.
Williams Partners L.P., formerly Access Midstream Partners, L.P., owns, operates, develops and acquires natural gas, natural gas liquids (NGLs) and oil gathering systems, and other midstream energy assets. The Companys business segments include Access Midstream, Northeast G&P, Atlantic-Gulf, West and NGL & Petchem Services. The Access Midstream segment provides gathering, treating, and compression services to producers. The Northeast G&P segment includes natural gas gathering and processing and NGL fractionation businesses. Atlantic-Gulf segment includes its interstate natural gas pipeline, Transcontinental Gas Pipeline Company, LLC (Transco), and natural gas gathering and processing and crude oil production handling and transportation. The NGL & Petchem Services segment includes its 88.5% interest in an olefins production facility in Geismar, Louisiana, along with an RGP Splitter and various petrochemical and feedstock pipelines.