Williams Partners (WPZ) Receiving Positive Media Coverage, Study Shows
Headlines about Williams Partners (NYSE:WPZ) have been trending positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Williams Partners earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave headlines about the pipeline company an impact score of 45.3150018774017 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s analysis:
- Williams Partners LP breached its 50 day moving average in a Bullish Manner : WPZ-US : December 12, 2017 (finance.yahoo.com)
- Williams Partners LP (WPZ) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com)
- Should You Buy Williams Partners LP (WPZ)? (finance.yahoo.com)
- What’s behind ETP’s Strong Distributable Cash Flow Growth? (finance.yahoo.com)
- Williams Partners Starts Operations at Virginia Southside II – Nasdaq … – Nasdaq (nasdaq.com)
A number of equities research analysts recently issued reports on the company. Jefferies Group reaffirmed a “buy” rating and issued a $44.00 target price on shares of Williams Partners in a research note on Tuesday, August 22nd. TheStreet lowered Williams Partners from a “b-” rating to a “c+” rating in a research note on Monday, August 21st. Stifel Nicolaus set a $45.00 target price on Williams Partners and gave the company a “buy” rating in a research note on Friday, December 1st. Wolfe Research assumed coverage on Williams Partners in a research note on Monday, September 25th. They issued an “outperform” rating and a $45.00 target price on the stock. Finally, BMO Capital Markets set a $47.00 target price on Williams Partners and gave the company a “buy” rating in a research note on Friday, August 18th. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $44.71.
In other news, CEO Alan S. Armstrong acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average cost of $35.00 per share, for a total transaction of $175,000.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director H Brent Austin acquired 1,000 shares of the company’s stock in a transaction dated Friday, September 22nd. The shares were purchased at an average price of $38.66 per share, with a total value of $38,660.00. Following the completion of the acquisition, the director now owns 9,958 shares in the company, valued at $384,976.28. The disclosure for this purchase can be found here.
Williams Partners Company Profile
Williams Partners L.P. is an energy infrastructure company. The Company has operations across the natural gas value chain from gathering, processing, and interstate transportation of natural gas and natural gas liquids to petchem production of ethylene, propylene, and other olefins. It operates through its Northeast G&P, Atlantic-Gulf, West segment.
Receive News & Ratings for Williams Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Partners and related companies with MarketBeat.com's FREE daily email newsletter.