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Southwestern Energy Company (NYSE:SWN) was downgraded by investment analysts at Simmons from an “overweight” rating to a “neutral” rating in a note issued to investors on Friday.

Shares of Southwestern Energy Company (NYSE:SWN) traded down 0.69% on Friday, hitting $39.12. 650,988 shares of the company’s stock traded hands. Southwestern Energy Company has a 52 week low of $34.88 and a 52 week high of $49.16. The stock’s 50-day moving average is $40.26 and its 200-day moving average is $43.9. The company has a market cap of $13.748 billion and a P/E ratio of 18.94.

Southwestern Energy Company (NYSE:SWN) last announced its earnings results on Thursday, July 31st. The company reported $0.59 EPS for the quarter, meeting the Thomson Reuters 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 in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 20.1% on a year-over-year basis. Analysts expect that Southwestern Energy Company will post $2.43 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets downgraded shares of Southwestern Energy Company from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 12th. They now have a $45.00 price target on the stock, down previously from $54.00. Separately, 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. Finally, 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. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Southwestern Energy Company currently has a consensus rating of “Hold” and an average price target 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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