Analyst Rating Update on Williams Companies (The) (WMB)

Williams Companies (The) (WMB) : The consensus on Williams Companies (The) (WMB) based on 8 analyst recommendation on the company stock is 2.25, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Williams Companies (The) (WMB) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $28 and the lowest price target forecast is $21. The average forecast of all the analysts is $24.5 and the expected standard deviation is $2.43.

For the current week, the company shares have a recommendation consensus of Buy. Also, Jefferies maintains its rating on Williams Companies (The) (NYSE:WMB). The global brokerage major raises the current price target from $27 per share to $28 per share. Analysts at the Jefferies have a current rating of Buy on the shares. The rating by the firm was issued on July 25, 2016.


Williams Companies (The) (NYSE:WMB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.23 and $23.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.67, notching a gain of 7.14% for the day. The total traded volume was 26,952,554 . The stock had closed at $23.96 on the previous day.

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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