Analysts upbeat on the outlook for Williams Companies Inc

The Williams Companies Inc (NYQ:WMB) share price has risen by 16.4% over the past month and it’s currently trading at 21.57. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Williams Companies Inc currently has:

• 8 Buy recommendations

• 4 Hold recommendations

• 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

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Beyond analyst recommendations

At its current price of 21.57, shares in Williams Companies Inc are trading at a discount of -14.6% to its 52 week high price. The 1-year performance of the shares has been -9.54%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Williams Companies Inc it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Williams Companies Inc that you can find out about here.

Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.