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 $25.89 and the possibility the share price can swing is $2.93.
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 3 which endorses a Hold 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.
Also, Argus Research maintains its rating on Williams Companies (The) (NYSE:WMB). The global brokerage major raises the current price target from $31 per share to $37 per share. Analysts at the Argus Research have a current rating of Buy on the shares. The rating by the firm was issued on August 22, 2016.
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 $27.77 and $27.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.15, notching a gain of 0.75% for the day. The total traded volume was 12,462,521 . The stock had closed at $27.94 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.