Analyst price targets
Williams Companies (WMB) stock has a median analyst target price of $34.17 compared to its current market price of $27.62. The target price indicates a potential upside of more than 12% for the next 12 months. Of the 19 analysts surveyed by Reuters that track Williams Companies, seven recommended it as a “strong buy,” seven recommended it as a “buy,” five recommended it as a “hold,” and none of them recommended it as a “sell” as of October 8.
The above chart shows how analysts’ recommendations on Williams Companies stock changed in the last few months. Wall Street analysts have been bullish on Williams Companies for the past few months. However, the stock has fallen 10% so far in 2018.
Peer price targets
Energy Transfer Equity (ETE) has a median target price of $21.53 compared to its current market price of $17.50, which implies an estimated upside of more than 23% for the next 12 months. Cheniere Energy (LNG) stock has a mean target price of $75.54, which implies an estimated upside of more than 13% for the next year. Currently, Cheniere Energy is trading at $66.58.
To learn about recent fund flow trends in MLP ETFs and their performances, read Fund Flows into Top MLP ETFs Fell in the Third Quarter.