In a report released today, Tristan Richardson from Scotiabank maintained a Hold rating on Williams Co (WMB – Research Report), with a price target of $40.00. The company’s shares closed yesterday at $33.05.
According to TipRanks, Richardson is a 4-star analyst with an average return of 4.7% and a 52.63% success rate. Richardson covers the Energy sector, focusing on stocks such as Kinder Morgan, Williams Co, and Cheniere Energy.
In addition to Scotiabank, Williams Co also received a Hold from Barclays’s Theresa Chen in a report issued yesterday. However, on February 13, Mizuho Securities reiterated a Buy rating on Williams Co (NYSE: WMB).
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The company has a one-year high of $36.98 and a one-year low of $26.71. Currently, Williams Co has an average volume of 6.76M.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WMB in relation to earlier this year.
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Williams Co (WMB) Company Description:
The Williams Companies, Inc. is an energy infrastructure company which primarily operates in the United States. The company engages in building and providing infrastructure that safely processes and delivers natural gas products.
Read More on WMB:
- WMB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Williams increases quarterly cash dividend 6.1% to 47.50c per share
- Williams put volume heavy and directionally bearish
- Williams to acquire natural gas storage portfolio from Hartree for $1.95B
- Williams call volume above normal and directionally bullish
