Zacks Investment Research upgraded Williams Partners LP (NYSE:WPZ) to Hold in a report released today.
- Updated: October 6, 2016
Zacks Investment Research has upgraded Williams Partners LP (NYSE:WPZ) to Hold in a report released on 10/06/2016.
Yesterday Williams Partners LP (NYSE:WPZ) traded -0.08% lower at $36.25. The company’s 50-day moving average is $37.40 and its 200-day average is $32.47. With the last close up 12.25% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 678,372 shares of the stock were exchanged, down from an average trading volume of 1,654,380
See Chart Below
Williams Partners LP has a 52 week low of $12.69 and a 52 week high of $40.36 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 12 equity analysts have released a research note on WPZ. The average stock price target is $55.00 with three analysts rating the company a strong buy, 4 brokers rating the stock a buy, six equity analysts rating the company a hold, 0 firms rating the stock a underperform, and finally zero analysts rating the company a sell.
Brief Synopsis About 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.