Southwestern Energy (SWN) Receives Average Rating of “Hold” from Analysts

Southwestern Energy (NYSE:SWN) has been given a consensus rating of “Hold” by the eighteen analysts that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $5.48.

A number of analysts have issued reports on SWN shares. Zacks Investment Research raised Southwestern Energy from a “hold” rating to a “buy” rating and set a $6.25 target price on the stock in a research report on Monday, October 22nd. Bank of America raised Southwestern Energy from an “underperform” rating to a “neutral” rating and set a $7.00 target price on the stock in a research report on Tuesday, November 13th. MKM Partners started coverage on Southwestern Energy in a research report on Wednesday, December 5th. They issued a “buy” rating and a $6.00 target price on the stock. Capital One Financial lowered Southwestern Energy from an “overweight” rating to an “underweight” rating in a research report on Thursday, December 20th. Finally, B. Riley set a $7.00 target price on Southwestern Energy and gave the company a “buy” rating in a research report on Friday, January 18th.

NYSE SWN traded up $0.18 on Wednesday, reaching $4.19. The stock had a trading volume of 16,721,848 shares, compared to its average volume of 17,937,867. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 9.52 and a beta of 1.30. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.62. Southwestern Energy has a 12-month low of $3.23 and a 12-month high of $6.23.

Several institutional investors have recently bought and sold shares of SWN. Bank of America Corp DE increased its position in shares of Southwestern Energy by 11.4% during the second quarter. Bank of America Corp DE now owns 1,302,128 shares of the energy company’s stock worth $6,902,000 after acquiring an additional 133,501 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Southwestern Energy by 15.4% during the second quarter. Bank of New York Mellon Corp now owns 7,419,974 shares of the energy company’s stock worth $39,325,000 after purchasing an additional 990,191 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Southwestern Energy during the third quarter worth $101,000. Bank of Montreal Can grew its stake in shares of Southwestern Energy by 45.3% during the third quarter. Bank of Montreal Can now owns 1,099,865 shares of the energy company’s stock worth $5,621,000 after purchasing an additional 342,799 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in shares of Southwestern Energy by 16.5% during the third quarter. Louisiana State Employees Retirement System now owns 160,600 shares of the energy company’s stock worth $821,000 after purchasing an additional 22,700 shares in the last quarter. 97.29% of the stock is currently owned by institutional investors and hedge funds.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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