Southwestern Energy Company (NYSE:SWN) has been given a $8.00 target price by equities research analysts at Scotiabank in a research note issued on Saturday. The firm presently has a “hold” rating on the energy company’s stock. Scotiabank’s price target suggests a potential upside of 48.70% from the company’s previous close.

Several other equities analysts have also recently commented on SWN. Morgan Stanley raised their target price on shares of Southwestern Energy from $5.00 to $6.00 and gave the company an “underweight” rating in a research note on Wednesday. Robert W. Baird reissued a “hold” rating and set a $8.00 target price on shares of Southwestern Energy in a research note on Tuesday, September 26th. Piper Jaffray Companies set a $6.00 target price on shares of Southwestern Energy and gave the company a “hold” rating in a research note on Thursday. Royal Bank Of Canada set a $8.00 target price on shares of Southwestern Energy and gave the company a “hold” rating in a research note on Tuesday, August 8th. Finally, Cowen and Company set a $9.00 target price on shares of Southwestern Energy and gave the company a “buy” rating in a research note on Wednesday. Six equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the company’s stock. Southwestern Energy presently has a consensus rating of “Hold” and a consensus price target of $11.33.

Southwestern Energy (SWN) traded down 1.47% on Friday, reaching $5.38. 9,399,331 shares of the company’s stock were exchanged. Southwestern Energy has a 1-year low of $5.00 and a 1-year high of $12.85. The firm’s market capitalization is $2.74 billion. The stock’s 50 day moving average price is $5.84 and its 200 day moving average price is $6.23.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings data on Thursday, August 3rd. The energy company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.08). The firm had revenue of $811.00 million during the quarter, compared to analyst estimates of $810.00 million. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The firm’s revenue was up 55.4% on a year-over-year basis. During the same period last year, the business earned ($0.09) EPS. On average, analysts expect that Southwestern Energy will post $0.49 earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in the company. Public Employees Retirement Association of Colorado grew its stake in shares of Southwestern Energy by 0.4% in the second quarter. Public Employees Retirement Association of Colorado now owns 92,056 shares of the energy company’s stock worth $560,000 after acquiring an additional 341 shares during the last quarter. Mariner Wealth Advisors LLC grew its stake in shares of Southwestern Energy by 2.6% in the second quarter. Mariner Wealth Advisors LLC now owns 21,009 shares of the energy company’s stock worth $128,000 after acquiring an additional 541 shares during the last quarter. MML Investors Services LLC grew its stake in shares of Southwestern Energy by 5.3% in the second quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after acquiring an additional 900 shares during the last quarter. National Asset Management Inc. grew its stake in shares of Southwestern Energy by 2.8% in the second quarter. National Asset Management Inc. now owns 46,107 shares of the energy company’s stock worth $281,000 after acquiring an additional 1,247 shares during the last quarter. Finally, Clearbridge Investments LLC grew its stake in shares of Southwestern Energy by 4.8% in the first quarter. Clearbridge Investments LLC now owns 29,300 shares of the energy company’s stock worth $239,000 after acquiring an additional 1,349 shares during the last quarter. Institutional investors and hedge funds own 89.51% of the company’s stock.

Southwestern Energy Company Profile

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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