Williams Companies (The) (WMB) Receives ‘Analyst’ Rating

Williams Companies (The) (WMB) : The consensus on Williams Companies (The) (WMB) based on 11 analyst recommendation on the company stock is 1.82, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Williams Companies (The) (WMB) : The highest level Williams Companies (The) (WMB) is projected to reach is $30 for the short term and the lowest estimate is at $21. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $26.44 and the possibility the share price can swing is $2.79.


Also, Equity Analysts at the Argus Research maintains the rating on Williams Companies (The) (NYSE:WMB). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $31 per share to $37 per share. The rating by the firm was issued on August 22, 2016.

Williams Companies (The) (NYSE:WMB): After opening at $29.93, the stock dipped to an intraday low of $29.72 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30.28 and the buying power remained strong till the end. The stock closed at $29.84 for the day, a gain of 0.34% for the day session. The total traded volume was 5,393,607. The stocks close on the previous trading day was $29.74.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.