Southwestern Energy (SWN) Given Consensus Rating of “Hold” by Brokerages
Southwestern Energy (NYSE:SWN) has received a consensus rating of “Hold” from the eighteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $5.41.
A number of research firms have weighed in on SWN. Zacks Investment Research raised shares of Southwestern Energy from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a research note on Tuesday. Mitsubishi UFJ Financial Group dropped their price objective on shares of Southwestern Energy to $5.00 and set a “neutral” rating on the stock in a research note on Friday, February 8th. Morgan Stanley set a $4.00 price objective on shares of Southwestern Energy and gave the company a “sell” rating in a research note on Tuesday, January 29th. B. Riley set a $7.00 price objective on shares of Southwestern Energy and gave the company a “buy” rating in a research note on Friday, January 18th. Finally, MKM Partners reaffirmed a “neutral” rating and issued a $4.00 price objective on shares of Southwestern Energy in a research note on Wednesday, January 16th.
Southwestern Energy stock opened at $4.01 on Wednesday. Southwestern Energy has a 1-year low of $3.23 and a 1-year high of $6.23. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 9.11 and a beta of 1.30. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.69 and a current ratio of 0.69.
Southwestern Energy Company Profile
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.
Featured Article: Is a Roth IRA right for you?
Receive News & Ratings for Southwestern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy and related companies with MarketBeat.com's FREE daily email newsletter.