Southwestern Energy (NYSE:SWN)‘s stock had its “hold” rating restated by equities researchers at Jefferies Group in a research note issued to investors on Monday. They currently have a $5.00 target price on the energy company’s stock. Jefferies Group’s price objective would indicate a potential upside of 15.21% from the company’s previous close.
Other equities research analysts have also recently issued reports about the stock. Cowen set a $5.00 target price on shares of Southwestern Energy and gave the company a “buy” rating in a report on Thursday, February 8th. ValuEngine cut shares of Southwestern Energy from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. B. Riley assumed coverage on shares of Southwestern Energy in a report on Monday, February 5th. They issued a “neutral” rating and a $5.00 target price on the stock. Royal Bank of Canada set a $6.00 target price on shares of Southwestern Energy and gave the company a “hold” rating in a report on Thursday, February 8th. Finally, Zacks Investment Research raised shares of Southwestern Energy from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. Eight research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $6.94.
Southwestern Energy stock traded up $0.01 during trading on Monday, hitting $4.34. 2,887,467 shares of the stock were exchanged, compared to its average volume of 27,197,023. Southwestern Energy has a one year low of $3.42 and a one year high of $8.94. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.93 and a current ratio of 1.93. The firm has a market cap of $2,618.30, a P/E ratio of 2.64 and a beta of 1.05.
A number of institutional investors have recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. raised its holdings in Southwestern Energy by 4.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 237,526 shares of the energy company’s stock valued at $1,451,000 after acquiring an additional 9,150 shares during the period. Nationwide Fund Advisors increased its holdings in shares of Southwestern Energy by 0.8% during the third quarter. Nationwide Fund Advisors now owns 1,332,653 shares of the energy company’s stock worth $8,143,000 after purchasing an additional 11,162 shares during the period. Hartford Investment Management Co. increased its holdings in shares of Southwestern Energy by 53.0% during the third quarter. Hartford Investment Management Co. now owns 33,200 shares of the energy company’s stock worth $203,000 after purchasing an additional 11,500 shares during the period. ING Groep NV increased its holdings in shares of Southwestern Energy by 24.0% during the fourth quarter. ING Groep NV now owns 77,320 shares of the energy company’s stock worth $431,000 after purchasing an additional 14,961 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of Southwestern Energy by 6.9% during the third quarter. Sei Investments Co. now owns 247,413 shares of the energy company’s stock worth $1,512,000 after purchasing an additional 15,864 shares during the period. 80.64% of the stock is currently owned by hedge funds and other institutional investors.
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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.
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