Southwestern Energy Company Receives Consensus Recommendation of “Buy” from Brokerages (NYSE:SWN)
Southwestern Energy Company (NYSE:SWN) has received an average recommendation of “Buy” from the thirty-one ratings firms that are covering the company, AnalystRatings.NET reports. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $46.16.
SWN has been the subject of a number of recent research reports. Analysts at FBR Capital Markets reiterated a “market perform” rating on shares of Southwestern Energy Company in a research note on Tuesday, April 15th. They now have a $50.00 price target on the stock. Separately, analysts at Citigroup Inc. downgraded shares of Southwestern Energy Company from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 8th. Finally, analysts at ISI Group upgraded shares of Southwestern Energy Company from a “neutral” rating to a “buy” rating in a research note on Friday, April 4th. They now have a $52.00 price target on the stock.
Southwestern Energy Company (NYSE:SWN) traded up 0.56% on Monday, hitting $48.06. The stock had a trading volume of 165,416 shares. Southwestern Energy Company has a one year low of $34.84 and a one year high of $49.16. The stock has a 50-day moving average of $45.93 and a 200-day moving average of $40.82. The company has a market cap of $16.877 billion and a P/E ratio of 23.90.
Southwestern Energy Company (NYSE:SWN) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. The company had revenue of $649.37 million for the quarter, compared to the consensus estimate of $865.53 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. On average, analysts predict that Southwestern Energy Company will post $2.40 earnings per share for the current fiscal year.
Southwestern Energy Company is an independent energy company engaged in natural gas and oil exploration, development and production.
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