Analysts’ Recommendations for Williams Companies
Analysts’ ratings for Williams Companies
In this part, we’ll look at what Wall Street analysts recommend for Williams Companies (WMB). It’s important to note that 58.0% of the analysts rate Williams Companies as a “buy,” while 42.0% rate it as a “hold.” Recently, Williams Companies was upgraded by Citigroup from neutral, which is equivalent to a “hold,” to “buy.”
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The average broker target price of $32.4 for Williams Companies implies a 7.3% price return in the next 12 months from its April 17, 2017, closing price of $30.18. Williams Companies’ peers, Kinder Morgan (KMI) and TransCanada (TRP) have “buy” ratings from 66.7% and 83.3% of the analysts, respectively. Williams Partners (WPZ), Williams Companies’ MLP subsidiary, was also upgraded by Citigroup to “buy.” It has a “buy” rating from 58.0% of the analysts surveyed by Reuters.
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