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Analysts’ Recommendations for Williams Partners

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Nov. 20 2020, Updated 2:14 p.m. ET

Analysts’ recommendations

In this part, we’ll look at what Wall Street analysts recommend for Williams Partners’ (WPZ). At a broader level, ~50% of analysts surveyed by Bloomberg rate Williams Partners a “buy” and the remaining ~50% rate it a “hold.” The MLP has no “sell” recommendation.

The median broker target price of $61.50 for Williams Partners would imply an ~49.10% return in the next 12 months. Williams Partners’ peers, Enbridge Energy Partners (EEP), Spectra Energy Partners (SEP), TC Pipelines (TCP), and ONEOK Partners (OKS) have “hold” ratings from 64.30%, 60%, 62.50%, and 62.50% of analysts surveyed, respectively. Williams Companies (WMB), Williams Partners’ general partner, has “buy” ratings from 63.60% of the analysts surveyed.

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Individual ratings

Here are some of the recent analyst ratings for Williams Partners:

  • Credit Suisse (CS) rated Williams Partners as “neutral.” This is equivalent to “hold.” It assigned the target price of $61. This would imply an ~47.80% price return.
  • Raymond James rated Williams Partners as “outperform.” It assigned the highest target price of $62.50. This would imply an ~51.40% price return.
  • Morgan Stanley (MS) rates Williams Partners as “equal weight” or “attractive” with a pessimistic target price of $57. This would imply an ~38.14% return.
  • Wells Fargo Securities and Stifel rated Williams Partners as “outperform” and “hold,” respectively, with no associated targets.
  • Morningstar rated Williams Partners a “buy” with a target price of $62. This would imply an ~50.20% return.

Key ETFs and stocks

Investors can get direct exposure to Williams Partners by buying its common units that are listed on the NYSE. Indirect exposure is possible through ETFs like the Alerian MLP ETF (AMLP). Williams Partners accounts for ~7.03% of AMLP.

For more post-earnings coverage on midstream companies, check out our Midstream Oil and Gas page.

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