Southwestern Energy (NYSE:SWN) has been assigned a $6.00 price target by Royal Bank of Canada in a research note issued on Thursday. The brokerage currently has a “hold” rating on the energy company’s stock. Royal Bank of Canada’s price target suggests a potential upside of 62.60% from the stock’s previous close.
Several other equities analysts have also recently issued reports on the company. Ladenburg Thalmann Financial Services cut Southwestern Energy from a “buy” rating to a “neutral” rating and set a $4.00 price target on the stock. in a research report on Friday. B. Riley upgraded Southwestern Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $5.00 to $5.85 in a research report on Friday. Zacks Investment Research cut Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Tuesday. ValuEngine cut Southwestern Energy from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Goldman Sachs Group cut Southwestern Energy from a “neutral” rating to a “sell” rating in a research report on Thursday, February 1st. Eight 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 stock. The stock presently 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 mid-day trading on Thursday, reaching $3.69. The company had a trading volume of 43,000,000 shares, compared to its average volume of 31,935,558. The firm has a market cap of $2,138.23, a PE ratio of 5.86 and a beta of 0.96. Southwestern Energy has a 1 year low of $3.42 and a 1 year high of $9.15. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88.
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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.
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