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Williams Partners L.P. (NYSE:WPZ) was downgraded by Bank of America Corp. to a “neutral” rating in a research note issued on Friday, Stock Ratings News reports.

Several other analysts have also recently commented on the stock. Analysts at Jefferies Group cut their price target on shares of Williams Partners L.P. from $55.00 to $54.00 in a research note to investors on Wednesday, November 6th. They now have a “buy” rating on the stock. Separately, analysts at Raymond James cut their price target on shares of Williams Partners L.P. from $60.00 to $56.00 in a research note to investors on Friday, November 1st. They now have an “outperform” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Williams Partners L.P. from $50.00 to $55.00 in a research note to investors on Thursday, October 31st. They now have a “hold” rating on the stock. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $51.73.

Williams Partners L.P. (NYSE:WPZ) opened at 50.74 on Friday. Williams Partners L.P. has a 52-week low of $45.37 and a 52-week high of $54.66. The stock has a 50-day moving average of $49.98 and a 200-day moving average of $50.75. The company has a market cap of $22.256 billion and a P/E ratio of 18.04.

Williams Partners L.P. (NYSE:WPZ) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.24. During the same quarter last year, the company posted $0.38 earnings per share. Analysts expect that Williams Partners L.P. will post $1.67 EPS for the current fiscal year.

Williams Partners L.P. is a limited partnership formed by The Williams Companies, Inc (NYSE:WPZ).

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