Williams Companies Rebound Will Continue, Vetr Crowd Says

Shares of Williams Companies Inc WMB have gained more than 87 percent since their February lows, but are still down more than 18.7 percent year-to-date. Nonetheless, the Vetr crowd seems to think the recuperation will go on, as evidenced by its average price target of $22.79, which implies a potential return of roughly 7.2 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Williams Companies’ stock on Wednesday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.

Finally, it should be noted that, in accordance with the new rating, 66 percent of the crowd's ratings are bullish at the time.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above