Southwestern Energy Company (NYSE:SWN) has been given a $9.00 price objective by investment analysts at Cowen and Company in a note issued to investors on Wednesday, October 18th. The firm presently has a “buy” rating on the energy company’s stock. Cowen and Company’s price target indicates a potential upside of 65.44% from the company’s previous close.
A number of other equities analysts also recently commented on the stock. Morgan Stanley boosted their target price on shares of Southwestern Energy from $5.00 to $6.00 and gave the stock an “underweight” rating in a report on Wednesday, October 18th. Barclays PLC dropped their price target on Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 11th. Robert W. Baird restated a “hold” rating and set a $8.00 price target on shares of Southwestern Energy in a research note on Tuesday, September 26th. Wolfe Research upgraded Southwestern Energy from an “underperform” rating to a “market perform” rating and boosted their price target for the stock from $6.00 to $7.00 in a research note on Wednesday, September 20th. Finally, Piper Jaffray Companies dropped their price target on Southwestern Energy from $8.00 to $6.00 and set a “neutral” rating on the stock in a research note on Monday, September 18th. Six research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $10.90.
Shares of Southwestern Energy (NYSE SWN) traded up 5.22% during trading on Wednesday, reaching $5.44. 25,768,816 shares of the company were exchanged. The stock has a 50-day moving average price of $5.78 and a 200-day moving average price of $6.11. The stock’s market capitalization is $2.71 billion. Southwestern Energy has a one year low of $4.90 and a one year high of $12.85.
Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01). The firm had revenue of $737.00 million during the quarter, compared to the consensus estimate of $773.99 million. Southwestern Energy had a return on equity of 25.88% and a net margin of 16.31%. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.03 earnings per share. Analysts forecast that Southwestern Energy will post $0.48 EPS for the current year.
TRADEMARK VIOLATION WARNING: “Cowen and Company Analysts Give Southwestern Energy Company (SWN) a $9.00 Price Target” was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this piece can be read at https://www.dispatchtribunal.com/2017/10/28/cowen-and-company-analysts-give-southwestern-energy-company-swn-a-9-00-price-target.html.
A number of hedge funds and other institutional investors have recently bought and sold shares of SWN. Tudor Investment Corp ET AL acquired a new position in Southwestern Energy in the 1st quarter valued at $102,000. Zacks Investment Management acquired a new stake in shares of Southwestern Energy in the 2nd quarter worth $105,000. Cetera Investment Advisers acquired a new stake in shares of Southwestern Energy in the 2nd quarter worth $108,000. MML Investors Services LLC increased its stake in shares of Southwestern Energy by 5.3% in the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after acquiring an additional 900 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Southwestern Energy in the 1st quarter worth $111,000. 89.49% of the stock is owned by hedge funds and other institutional investors.
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.
Receive News & Ratings for Southwestern Energy Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy Company and related companies with MarketBeat.com's FREE daily email newsletter.