Analysis: Southwestern Energy Company (NYSE:SWN) Stock Target Raised Today
In an analyst research report announced by Susquehanna on Thursday, 3 December, the firm, Southwestern Energy Company (NYSE:SWN), had their target price per share downgraded to $9.00. Analusts currently have a solid “Neutral” rating on the stock.
From a total of 32 analysts covering Southwestern Energy Company (NYSE:SWN) stock, 14 rate it a ”Buy”, 1 a “Sell”, and 23 a ”Hold”. This means that 37% of the ratings are positive. The highest target price is $42 while the lowest target price is $8. The mean of all analyst targets is $19.7 with a 125.87% above today’s ($8.58) stock price. Southwestern Energy Company was the topic of 27 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Sterne Agee CRT downgraded shares on November 17 to “Underperform” rating. Global Hunter Securities upgraded shares to “Buy” rating and $26 target share price in a report from a July 21. RBC Capital Markets maintained SWN stock in a recent report from October 26 with “Sector Perform” rating. Finally, SunTrust upgraded the stock to “Buy” rating in a report issued on a September 10.
Approximately 5.06 million shares of stock traded hands. Southwestern Energy Company (NYSE:SWN) has declined 68.43% since April 30, 2015 and is downtrending. It has underperformed by 68.14% the S&P500.
Southwestern Energy Company is an energy firm engaged in natural gas and oil exploration, development and production . The company has a market cap of $3.41 billion. The Firm is focused on creating and capturing additional value through its natural gas gathering and marketing businesses, which it refer to as Midstream Services. It currently has negative earnings. The Firm conducts its business through subsidiaries.
According to Zacks Investment Research, “Southwestern Energy Company is an energy company primarily focused on natural gas. They are involved in the following business segments: Exploration and Production – Engaged in natural gas and oil exploration, development and production. This represents their primary business; Natural Gas Distribution – Engaged in the gathering, distribution and transmission of natural gas; Marketing and Transportation – Provides marketing and transportation services in their core areas of operation and owns a 25% interest in the NOARK Pipeline System, Limited Partnership.” Get a free copy of the Zacks research report on Southwestern Energy Company (SWN).