Brokerage Firm Rating Update on Williams Companies (The) (WMB)

Williams Companies (The) (WMB) : 6 brokerage houses believe that Williams Companies (The) (WMB) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Williams Companies (The) (WMB). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 1.82.

Williams Companies (The) (WMB) : 9 Wall Street analysts covering Williams Companies (The) (WMB) believe that the average level the stock could reach for the short term is $25.89. The maximum price target given is $30 and the minimum target for short term is around $21, hence the standard deviation is calculated at $2.93.


For the current week, the company shares have a recommendation consensus of Buy. Also, Argus Research maintains its view on Williams Companies (The) (NYSE:WMB) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Argus Research raises the price target from $31 per share to $37 per share on Williams Companies (The). The rating by the firm was issued on August 22, 2016.

Williams Companies (The) (NYSE:WMB): The stock opened at $29.17 and touched an intraday high of $30.515 on Wednesday. During the day, the stock corrected to an intraday low of $29.01, however, the bulls stepped in and pushed the price higher to close in the green at $30.34 with a gain of 4.77% for the day. The total traded volume for the day was 13,727,078. The stock had closed at $28.96 in the previous trading session.

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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