Williams Partners LP (NYSE:WPZ) stock price target increased to $40.00, issued a ratings update today by Zacks Investment Research
- Updated: November 29, 2016
In a report released on 11/29/2016 Zacks Investment Research increased the stock price target of Williams Partners LP (NYSE:WPZ) to $40.00 reporting a possible upside of 0.14%.
Just yesterday Williams Partners LP (NYSE:WPZ) traded -1.68% lower at $35.21. Williams Partners LP’s 50-day moving average is $35.87 and its 200-day moving average is $35.59. The last stock price is down -1.08% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 283,972 shares of WPZ traded hands, down from an average trading volume of 1,231,640
Recent Performance Chart
Williams Partners LP has 52 week low of $12.69 and a 52 week high of $40.36 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is $55.00 with 3 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 6 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Williams Partners LP (NYSE:WPZ)
Williams Partners L.P., formerly Access Midstream Partners, L.P, is an energy infrastructure master limited partnership with operations across the natural gas value chain. The Company's segments include Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services. Its Central segment provides domestic gathering, treating, and compression services to producers under long-term, fixed fee contracts. Northeast G&P segment includes natural gas gathering and processing, and NGL fractionation businesses in the Marcellus shale region primarily in Pennsylvania, New York, and West Virginia and Utica shale region of eastern Ohio. The Atlantic-Gulf segment includes its interstate natural gas pipeline, Transcontinental Gas Pipeline Company, LLC. Its West segment includes natural gas gathering, processing and treating operations in New Mexico, Colorado, and Wyoming. The NGL & Petchem Services segment includes the Company's interest in an olefins production facility in Geismar, Louisiana.
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