Shares of Southwestern Energy (NYSE:SWN) have received an average recommendation of “Hold” from the fifteen brokerages that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $5.58.
A number of brokerages have recently issued reports on SWN. Capital One Financial downgraded shares of Southwestern Energy from an “overweight” rating to an “underweight” rating in a research report on Thursday, December 20th. Zacks Investment Research downgraded shares of Southwestern Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th. MKM Partners began coverage on shares of Southwestern Energy in a research report on Wednesday, December 5th. They issued a “buy” rating and a $6.00 price objective on the stock. Mitsubishi UFJ Financial Group cut their price objective on shares of Southwestern Energy to $5.00 and set a “neutral” rating on the stock in a research report on Friday, February 8th. Finally, Morgan Stanley set a $4.00 price objective on shares of Southwestern Energy and gave the stock a “sell” rating in a research report on Tuesday, January 29th.
Shares of Southwestern Energy stock traded down $0.14 on Friday, reaching $4.32. The stock had a trading volume of 24,956,156 shares, compared to its average volume of 17,231,373. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.98. Southwestern Energy has a 1 year low of $3.23 and a 1 year high of $6.23. The company has a market cap of $2.34 billion, a P/E ratio of 4.24 and a beta of 1.29.
Large investors have recently added to or reduced their stakes in the business. Mutual of America Capital Management LLC grew its position in Southwestern Energy by 13.9% during the 3rd quarter. Mutual of America Capital Management LLC now owns 501,142 shares of the energy company’s stock worth $2,561,000 after purchasing an additional 61,327 shares during the last quarter. Comerica Bank grew its position in Southwestern Energy by 1.5% during the 4th quarter. Comerica Bank now owns 378,032 shares of the energy company’s stock worth $1,690,000 after purchasing an additional 5,640 shares during the last quarter. Teachers Advisors LLC grew its position in Southwestern Energy by 0.3% during the 3rd quarter. Teachers Advisors LLC now owns 1,325,094 shares of the energy company’s stock worth $6,771,000 after purchasing an additional 3,486 shares during the last quarter. Courier Capital LLC purchased a new stake in Southwestern Energy during the 4th quarter worth approximately $48,000. Finally, PNC Financial Services Group Inc. grew its position in Southwestern Energy by 1,723.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,516,216 shares of the energy company’s stock worth $7,747,000 after purchasing an additional 1,433,049 shares during the last quarter. 92.98% of the stock is currently owned by institutional investors.
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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