Credit Suisse Group began coverage on shares of Southwestern Energy (NYSE:SWN) in a research report report published on Monday, MarketBeat.com reports. The brokerage issued a neutral rating and a $6.00 price objective on the energy company’s stock.

Several other brokerages have also issued reports on SWN. Cowen reaffirmed a buy rating and set a $9.00 target price on shares of Southwestern Energy in a research report on Tuesday, September 12th. Morgan Stanley lifted their price objective on Southwestern Energy from $5.00 to $6.00 and gave the stock an underweight rating in a research report on Wednesday, October 18th. Barclays lowered their price objective on Southwestern Energy from $6.00 to $5.00 and set an equal weight rating for the company in a research report on Wednesday, October 11th. Wolfe Research raised Southwestern Energy from an underperform rating to a market perform rating and lifted their price objective for the stock from $6.00 to $7.00 in a research report on Wednesday, September 20th. Finally, KeyCorp reissued a hold rating on shares of Southwestern Energy in a research report on Friday, November 10th. Five equities 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’s stock. The stock currently has a consensus rating of Hold and an average price target of $8.95.

Southwestern Energy (NYSE:SWN) opened at $5.55 on Monday. The stock has a market capitalization of $2,977.19, a price-to-earnings ratio of 14.52 and a beta of 1.23. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66. Southwestern Energy has a 12-month low of $4.90 and a 12-month high of $11.57.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01). The company had revenue of $737.00 million for the quarter, compared to the consensus estimate of $773.99 million. Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.03 earnings per share. equities research analysts anticipate that Southwestern Energy will post 0.45 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the stock. Public Employees Retirement Association of Colorado increased its position in Southwestern Energy by 0.4% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 92,056 shares of the energy company’s stock valued at $560,000 after buying an additional 341 shares in the last quarter. Mariner Wealth Advisors LLC increased its position in Southwestern Energy by 2.6% in the 2nd quarter. Mariner Wealth Advisors LLC now owns 21,009 shares of the energy company’s stock valued at $128,000 after buying an additional 541 shares in the last quarter. MML Investors Services LLC increased its position in Southwestern Energy by 5.3% in the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock valued at $109,000 after buying an additional 900 shares in the last quarter. National Asset Management Inc. increased its position in Southwestern Energy by 2.8% in the 2nd quarter. National Asset Management Inc. now owns 46,107 shares of the energy company’s stock valued at $281,000 after buying an additional 1,247 shares in the last quarter. Finally, Eaton Vance Management increased its position in Southwestern Energy by 1.9% in the 2nd quarter. Eaton Vance Management now owns 77,522 shares of the energy company’s stock valued at $471,000 after buying an additional 1,445 shares in the last quarter. 88.71% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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