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

Williams Companies (The) (WMB) : 7 analysts are covering Williams Companies (The) (WMB) and their average rating on the stock is 2.14, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Williams Companies (The) (WMB) : The highest short term price target forecast on Williams Companies (The) (WMB) is $27 and the lowest target price is $16. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $23 with a standard deviation of $4.53.

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 $20.00 and $19.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.44, notching a gain of 1.74% for the day. The total traded volume was 13,480,998 . The stock had closed at $20.09 on the previous day.

Also, Jefferies 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. Jefferies lowers the price target from $30 per share to $27 per share on Williams Companies (The). The rating by the firm was issued on June 8, 2016. The company shares have dropped -64.13% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $58.77 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $21.77 and the 200 Day Moving Average price is recorded at $19.03.

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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