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.
COPYRIGHT VIOLATION NOTICE: This piece of content was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/02/09/southwestern-energy-swn-pt-lowered-to-5-00-at-credit-suisse-group.html.
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.
Receive News & Ratings for Southwestern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy and related companies with MarketBeat.com's FREE daily email newsletter.