In a report released today, Justin Jenkins from Raymond James maintained a Buy rating on Williams Co (WMB – Research Report), with a price target of $42.00. The company’s shares closed last Tuesday at $32.86.
According to TipRanks.com, Jenkins is a 5-star analyst with an average return of 10.9% and a 64.8% success rate. Jenkins covers the Industrial Goods sector, focusing on stocks such as Dcp Midstream Partners, Aris Water Solutions, and EnLink Midstream.
Currently, the analyst consensus on Williams Co is a Strong Buy with an average price target of $39.75, which is a 16.4% upside from current levels. In a report released today, Wells Fargo also maintained a Buy rating on the stock with a $40.00 price target.
The company has a one-year high of $37.97 and a one-year low of $23.53. Currently, Williams Co has an average volume of 8.62M.
Based on the recent corporate insider activity of 38 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
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