Southwestern Energy (NYSE:SWN) Receives $3.15 Average Target Price from Brokerages

Shares of Southwestern Energy (NYSE:SWN) have been assigned an average rating of “Hold” from the fifteen research firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $3.15.

A number of analysts have recently weighed in on the company. Johnson Rice cut Southwestern Energy from an “accumulate” rating to a “hold” rating in a research report on Tuesday, November 19th. ValuEngine raised Southwestern Energy from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. Finally, SunTrust Banks assumed coverage on Southwestern Energy in a research report on Wednesday, December 18th. They issued a “hold” rating and a $2.00 price objective for the company.

Shares of Southwestern Energy stock traded down $0.09 during trading on Friday, reaching $1.41. The company’s stock had a trading volume of 19,291,388 shares, compared to its average volume of 21,751,303. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.71. The company has a market cap of $840.86 million, a price-to-earnings ratio of 0.71 and a beta of 1.20. Southwestern Energy has a 1-year low of $1.38 and a 1-year high of $4.90. The company has a 50-day simple moving average of $1.74 and a two-hundred day simple moving average of $1.96.

Hedge funds have recently modified their holdings of the stock. Arizona State Retirement System raised its stake in Southwestern Energy by 7.0% in the 4th quarter. Arizona State Retirement System now owns 360,954 shares of the energy company’s stock worth $874,000 after acquiring an additional 23,588 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in Southwestern Energy by 0.8% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 741,781 shares of the energy company’s stock worth $1,795,000 after acquiring an additional 6,044 shares during the last quarter. New York State Teachers Retirement System raised its stake in Southwestern Energy by 25.9% in the 4th quarter. New York State Teachers Retirement System now owns 975,297 shares of the energy company’s stock worth $2,360,000 after acquiring an additional 200,498 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in Southwestern Energy by 297.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 172,530 shares of the energy company’s stock worth $418,000 after acquiring an additional 129,100 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its stake in Southwestern Energy by 326.6% in the 4th quarter. State of Alaska Department of Revenue now owns 408,720 shares of the energy company’s stock worth $989,000 after acquiring an additional 312,902 shares during the last quarter.

About Southwestern Energy

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 development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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