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Southwestern Energy Company (NYSE:SWN) was downgraded by investment analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports. They currently have a $51.00 price target on the stock, down from their previous price target of $58.00. Goldman Sachs’ price target would indicate a potential upside of 12.11% from the stock’s previous close. The analysts noted that the move was a valuation call.

Shares of Southwestern Energy Company (NYSE:SWN) traded down 1.19% during mid-day trading on Thursday, hitting $44.95. The stock had a trading volume of 2,651,177 shares. Southwestern Energy Company has a 52-week low of $34.84 and a 52-week high of $49.16. The stock has a 50-day moving average of $46.80 and a 200-day moving average of $41.82. The company has a market cap of $15.793 billion and a P/E ratio of 20.77.

Southwestern Energy Company (NYSE:SWN) last released its earnings data on Thursday, May 1st. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.63 by $0.03. The company had revenue of $793.35 million for the quarter, compared to the consensus estimate of $935.27 million. During the same quarter last year, the company posted $0.42 earnings per share. Southwestern Energy Company’s revenue was up 57.3% compared to the same quarter last year. Analysts expect that Southwestern Energy Company will post $2.45 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at KLR Group raised their price target on shares of Southwestern Energy Company from $1.00 to $42.00 in a research note on Monday, May 5th. Separately, analysts at Iberia Capital downgraded shares of Southwestern Energy Company from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, May 5th. Finally, analysts at Barclays raised their price target on shares of Southwestern Energy Company from $38.00 to $41.00 in a research note on Monday, May 5th. Eleven analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $47.18.

Southwestern Energy Company is an independent energy company engaged in natural gas and oil exploration, development and production.

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