Wells FARGO raises PT to Williams (WMB) companies, maintains a weight gain classification

Williams, Inc. (NYSE:WmbHe is one of 10 best oil and gas stocks for purchase now. On May 28, Wells Fargo raised its target price on Williams Companies, Inc. (NYSE: WMB) from $ 64 to $ 67, but kept a “weight gain” classification. Analysts highlight the strong growth capabilities of the company as the main reason for increasing the price goal.

Wells Fargo suggests that Williams Companies, Inc. (NYSE: WMB) is currently trading higher than her peers C-Corp, using an EV/EBITDA multiplier 2026 of 11.9x for WMB for 10.8X for her peers. WMB is traded by WELLS FARGO analysts believed that this bonus is fair due to the company’s superior growth prospects.

Bird view of an oil and gas platform in the Gulf of Mexico on a clear day.

According to analysts, The Williams Companies, Inc. can (NYSE: WMB) CAGR (CAGR) in EBITDA for three years, which is much higher than medium growth by 6 % expected than its C-CORP peers.

Wells Fargo analysis also indicates that if the Williams Companies group, INC. is circulating. (NYSE: WMB) and a group of peers in the same multiple evaluation in three years, WMB must lead a 1.5X premium on the current 1.1X. This change means about 10 % at the price of WMB share.

Wells Fargo analysts also explained that Williams Companies, Inc. (NYSE: WMB) It is likely to continue to grow at a strong rate even after three years. If this is true, the 1.5X premium may actually be a conservative estimate.

Williams Companies, Inc. (NYSE: WMB) An American energy company specializing in natural gas processing and transporting it. The company also has some of the assets of oil and electricity.

While we acknowledge the capabilities of WMB as an investment, we believe that some artificial intelligence shares provide greater potential and carry less risks on the negative side. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

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Detection: Nothing.