Analysts Set Southwest Gas Holdings Inc (SWX) PT at $81.25
Shares of Southwest Gas Holdings Inc (NYSE:SWX) have earned an average rating of “Hold” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $81.25.
Several equities research analysts have weighed in on SWX shares. KeyCorp reiterated a “hold” rating on shares of Southwest Gas in a report on Friday, October 20th. UBS Group upped their target price on Southwest Gas from $83.00 to $85.00 and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Citigroup upped their target price on Southwest Gas from $79.00 to $82.00 and gave the stock a “neutral” rating in a report on Monday, November 20th. Finally, Zacks Investment Research upgraded Southwest Gas from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a report on Friday, January 5th.
In related news, VP Gregory J. Peterson sold 1,000 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $85.72, for a total transaction of $85,720.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.99% of the company’s stock.
Shares of Southwest Gas (SWX) traded up $0.47 during mid-day trading on Wednesday, hitting $68.85. The company’s stock had a trading volume of 204,881 shares, compared to its average volume of 211,025. Southwest Gas has a twelve month low of $66.61 and a twelve month high of $86.87. The stock has a market cap of $3,263.90, a PE ratio of 20.25 and a beta of 0.48. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.01.
About Southwest Gas
Southwest Gas Holdings, Inc, formerly Southwest Gas Corporation, is engaged in the business of purchasing, distributing and transporting natural gas. The Company operates through two segments: natural gas operations and construction services, which includes the operations of the Company’s subsidiary, Centuri Construction Group, Inc (Centuri).
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