Southwestern Energy (NYSE:SWN) Downgraded to Neutral at Ladenburg Thalmann Financial Services

Southwestern Energy (NYSE:SWN) was downgraded by equities research analysts at Ladenburg Thalmann Financial Services from a “buy” rating to a “neutral” rating in a report issued on Friday, February 9th, MarketBeat Ratings reports. They currently have a $4.00 target price on the energy company’s stock. Ladenburg Thalmann Financial Services’ price objective points to a potential upside of 11.73% from the company’s current price.

A number of other research analysts also recently weighed in on SWN. Morgan Stanley increased their price target on Southwestern Energy from $5.00 to $6.00 and gave the company an “underweight” rating in a research note on Wednesday, October 18th. Cowen set a $9.00 price target on Southwestern Energy and gave the company a “buy” rating in a research note on Wednesday, October 18th. Piper Jaffray Companies set a $6.00 price target on Southwestern Energy and gave the company a “hold” rating in a research note on Thursday, October 19th. Scotiabank set a $8.00 price target on Southwestern Energy and gave the company a “hold” rating in a research note on Saturday, October 21st. Finally, Barclays increased their price target on Southwestern Energy from $5.00 to $6.00 and gave the company an “equal weight” rating in a research note on Monday, October 30th. Eight research analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $7.94.

Southwestern Energy (SWN) traded down $0.13 during trading hours on Friday, reaching $3.58. The company’s stock had a trading volume of 15,300,100 shares, compared to its average volume of 30,648,154. Southwestern Energy has a 12-month low of $3.42 and a 12-month high of $8.94. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market cap of $1,830.00, a P/E ratio of 5.77 and a beta of 0.96.

A number of hedge funds have recently added to or reduced their stakes in SWN. Cetera Investment Advisers bought a new position in Southwestern Energy during the 2nd quarter worth about $108,000. NuWave Investment Management LLC bought a new position in Southwestern Energy during the 4th quarter worth about $117,000. Stevens Capital Management LP bought a new position in Southwestern Energy during the 3rd quarter worth about $135,000. Amundi Pioneer Asset Management Inc. bought a new position in Southwestern Energy during the 4th quarter worth about $138,000. Finally, State of Alaska Department of Revenue bought a new position in Southwestern Energy during the 4th quarter worth about $166,000. Hedge funds and other institutional investors own 76.34% of the company’s stock.

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About Southwestern Energy

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.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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