Southwestern Energy Company (NYSE:SWN) had its price target lifted by analysts at Morgan Stanley from $5.00 to $6.00 in a report issued on Wednesday. The firm currently has an “underweight” rating on the energy company’s stock. Morgan Stanley’s target price indicates a potential upside of 7.33% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Cowen and Company set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a research report on Wednesday, July 19th. KeyCorp reaffirmed a “hold” rating on shares of Southwestern Energy in a research report on Sunday, September 3rd. Citigroup Inc. lowered their price target on shares of Southwestern Energy from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Friday, July 21st. BidaskClub raised shares of Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Finally, BMO Capital Markets reissued a “buy” rating and set a $8.00 target price on shares of Southwestern Energy in a research report on Tuesday, June 27th. Six equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $11.33.

Southwestern Energy (NYSE SWN) opened at 5.59 on Wednesday. The stock’s market capitalization is $2.78 billion. Southwestern Energy has a 12-month low of $5.00 and a 12-month high of $13.67. The stock’s 50 day moving average is $5.84 and its 200 day moving average is $6.29.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.08). Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The business had revenue of $811.00 million during the quarter, compared to analysts’ expectations of $810.00 million. During the same period in the previous year, the company posted ($0.09) EPS. Southwestern Energy’s revenue for the quarter was up 55.4% on a year-over-year basis. Equities analysts predict that Southwestern Energy will post $0.50 earnings per share for the current fiscal year.

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A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Southwestern Energy by 12.1% in the first quarter. Vanguard Group Inc. now owns 59,247,162 shares of the energy company’s stock worth $484,049,000 after acquiring an additional 6,388,987 shares during the last quarter. Capital Research Global Investors lifted its stake in Southwestern Energy by 25.7% in the second quarter. Capital Research Global Investors now owns 55,881,426 shares of the energy company’s stock worth $702,988,000 after acquiring an additional 11,428,991 shares during the last quarter. State Street Corp lifted its stake in Southwestern Energy by 9.0% in the first quarter. State Street Corp now owns 32,085,452 shares of the energy company’s stock worth $262,131,000 after acquiring an additional 2,647,336 shares during the last quarter. BlackRock Inc. lifted its stake in Southwestern Energy by 2,582.8% in the first quarter. BlackRock Inc. now owns 31,270,589 shares of the energy company’s stock worth $255,479,000 after acquiring an additional 30,105,011 shares during the last quarter. Finally, FMR LLC lifted its stake in Southwestern Energy by 36.5% in the first quarter. FMR LLC now owns 22,332,221 shares of the energy company’s stock worth $182,454,000 after acquiring an additional 5,969,258 shares during the last quarter. Institutional investors own 89.51% of the company’s stock.

About Southwestern Energy

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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