Southwestern Energy (SWN) Given Consensus Recommendation of “Hold” by Brokerages

Southwestern Energy (NYSE:SWN) has been given an average rating of “Hold” by the twenty-six analysts that are covering the company, MarketBeat reports. Four analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $8.83.

Several research firms recently weighed in on SWN. Piper Jaffray Companies cut their price target on shares of Southwestern Energy from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Monday, September 18th. BMO Capital Markets set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a report on Tuesday, November 14th. Cowen set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a report on Wednesday, October 18th. Credit Suisse Group began coverage on shares of Southwestern Energy in a research note on Monday, December 11th. They issued a “neutral” rating and a $6.00 target price on the stock. Finally, Robert W. Baird reiterated a “hold” rating and issued a $8.00 target price on shares of Southwestern Energy in a research note on Tuesday, September 26th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Shell Asset Management Co. bought a new stake in shares of Southwestern Energy in the third quarter valued at approximately $1,880,000. Brookfield Asset Management Inc. bought a new stake in shares of Southwestern Energy in the second quarter valued at approximately $3,040,000. Ameriprise Financial Inc. raised its position in shares of Southwestern Energy by 85.6% in the second quarter. Ameriprise Financial Inc. now owns 1,570,697 shares of the energy company’s stock valued at $9,550,000 after purchasing an additional 724,639 shares during the period. Bridgewater Associates LP raised its position in shares of Southwestern Energy by 117.5% in the second quarter. Bridgewater Associates LP now owns 8,234,921 shares of the energy company’s stock valued at $50,068,000 after purchasing an additional 4,449,396 shares during the period. Finally, Icon Advisers Inc. Co. raised its position in shares of Southwestern Energy by 19.9% in the second quarter. Icon Advisers Inc. Co. now owns 903,900 shares of the energy company’s stock valued at $5,496,000 after purchasing an additional 150,200 shares during the period. 88.52% of the stock is currently owned by institutional investors.

Southwestern Energy (NYSE SWN) opened at $5.73 on Tuesday. Southwestern Energy has a twelve month low of $4.90 and a twelve month high of $10.45. The firm has a market cap of $2,940.00, a PE ratio of 9.24 and a beta of 1.23. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The firm had revenue of $737.00 million for the quarter, compared to analysts’ expectations of $773.99 million. During the same quarter last year, the firm posted $0.03 earnings per share. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. analysts predict that Southwestern Energy will post 0.44 EPS for the current year.

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Southwestern Energy Company Profile

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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