Williams Companies (The) (WMB): Price Target and June Short Interest Disclosure

Williams Companies (The) (WMB) : 5 Wall Street analysts covering Williams Companies (The) (WMB) believe that the average level the stock could reach for the short term is $23. The maximum price target given is $27 and the minimum target for short term is around $16, hence the standard deviation is calculated at $4.53.

Williams Companies (The) (WMB) has seen a rise of 2,808,067 shares or 12.3% in the short interest. The remaining shorts are 3.4% of the total floated shares. The net short interest, as on June 30,2016, stood at 25,715,215 shares and the stocks days to cover will be 2 by factoring in the average per day volume of 16,143,345 shares. On June 15,2016, 22,907,148 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Brokerage firm Jefferies maintains its rating on Williams Companies (The) (NYSE:WMB). As per the latest information, the brokerage house lowers the price target to $27 per share from a prior target of $30. The shares have been rated Buy. 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 $22.5, the bulls momentum made the stock top out at $23.78 level for the day. The stock recorded a low of $22.22 and closed the trading day at $23.6, in the green by 6.16%. The total traded volume for the day was 17,948,316. The stock had closed at $22.23 in the previous days trading.

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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