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Southwestern Energy Company (NYSE:SWN) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued on Tuesday, reports. They currently have a $45.00 target price on the stock, down from their previous target price of $54.00. BMO Capital Markets’ price target suggests a potential upside of 14.47% from the company’s current price.

Shares of Southwestern Energy Company (NYSE:SWN) traded down 2.80% during mid-day trading on Tuesday, hitting $38.21. The stock had a trading volume of 7,721,688 shares. Southwestern Energy Company has a 52 week low of $34.88 and a 52 week high of $49.16. The stock has a 50-day moving average of $42.55 and a 200-day moving average of $44.20. The company has a market cap of $13.429 billion and a price-to-earnings ratio of 18.90.

Southwestern Energy Company (NYSE:SWN) last released its earnings data on Thursday, July 31st. The company reported $0.59 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.59. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $978.69 million. During the same quarter last year, the company posted $0.54 earnings per share. Southwestern Energy Company’s revenue was up 20.1% compared to the same quarter last year. On average, analysts predict that Southwestern Energy Company will post $2.42 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on SWN. Analysts at Barclays raised their price target on shares of Southwestern Energy Company from $41.00 to $42.00 in a research note on Monday, August 4th. They now have an “equal weight” rating on the stock. Separately, analysts at Maxim Group reiterated a “buy” rating on shares of Southwestern Energy Company in a research note on Friday, August 1st. They now have a $47.00 price target on the stock. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $47.79.

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

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