Southwestern Energy (SWN) PT Lowered to $5.00 at Credit Suisse Group

Southwestern Energy (NYSE:SWN) had its price target dropped by research analysts at Credit Suisse Group from $6.00 to $5.00 in a note issued to investors on Friday. The brokerage presently has a “neutral” rating on the energy company’s stock. Credit Suisse Group’s price target would suggest a potential upside of 35.50% from the stock’s previous close.

SWN has been the subject of several other research reports. Scotiabank set a $8.00 price objective on shares of Southwestern Energy and gave the company a “hold” rating in a research note on Saturday, October 21st. Cowen set a $8.00 price objective on shares of Southwestern Energy and gave the company a “buy” rating in a research note on Thursday, January 18th. Zacks Investment Research cut shares of Southwestern Energy from a “hold” rating to a “sell” rating in a research note on Tuesday. ValuEngine upgraded shares of Southwestern Energy from a “hold” rating to a “buy” rating in a research note on Thursday, January 4th. Finally, Raymond James Financial cut shares of Southwestern Energy from a “market perform” rating to an “underperform” rating in a research note on Tuesday, January 30th. Eight equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company’s stock. Southwestern Energy currently has an average rating of “Hold” and a consensus target price of $8.14.

Shares of Southwestern Energy (NYSE SWN) traded up $0.05 during midday trading on Friday, hitting $3.69. 43,000,000 shares of the company traded hands, compared to its average volume of 30,300,000. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88. Southwestern Energy has a 12-month low of $3.42 and a 12-month high of $9.15. The firm has a market capitalization of $1,890.00, a PE ratio of 5.95 and a beta of 0.96.

Several large investors have recently bought and sold shares of SWN. Disciplined Growth Investors Inc. MN raised its position in shares of Southwestern Energy by 57.2% in the second quarter. Disciplined Growth Investors Inc. MN now owns 6,840,087 shares of the energy company’s stock valued at $41,588,000 after buying an additional 2,487,525 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Southwestern Energy by 2,243.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,435,577 shares of the energy company’s stock valued at $14,882,000 after buying an additional 2,331,644 shares during the last quarter. First Quadrant L P CA raised its position in shares of Southwestern Energy by 26,912.0% in the third quarter. First Quadrant L P CA now owns 1,776,309 shares of the energy company’s stock valued at $10,853,000 after buying an additional 1,769,733 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Southwestern Energy by 290.7% in the third quarter. Prudential Financial Inc. now owns 1,636,706 shares of the energy company’s stock valued at $10,000,000 after buying an additional 1,217,824 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Southwestern Energy in the second quarter valued at approximately $5,209,000. 77.27% of the stock is owned by institutional investors and hedge funds.

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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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