Brokerage Firm Rating Update on Southwestern Energy Company (SWN)

Southwestern Energy Company (SWN) : Zacks Investment Research ranks Southwestern Energy Company (SWN) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 15 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 22 research analysts is 3.17, which indicates as a Hold.

Southwestern Energy Company (SWN) : The highest level Southwestern Energy Company (SWN) is projected to reach is $19 for the short term and the lowest estimate is at $9. The consolidated price target from 19 rating analysts who initiate coverage on the stock is $14.05 and the possibility the share price can swing is $2.61.


Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Southwestern Energy Company (NYSE:SWN). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $8 per share to $14 per share. The rating by the firm was issued on August 8, 2016.

Southwestern Energy Company (NYSE:SWN): The stock opened at $14.2 and touched an intraday high of $14.68 on Wednesday. During the day, the stock corrected to an intraday low of $14.2, however, the bulls stepped in and pushed the price higher to close in the green at $14.42 with a gain of 1.55% for the day. The total traded volume for the day was 8,089,076. The stock had closed at $14.2 in the previous trading session.

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production (E&P). The Company is focused on creating and capturing additional value through its natural gas gathering and marketing businesses, which it refer to as Midstream Services. The Company conducts its business through subsidiaries. The Companys operations are focused within the United States on development of two natural gas reservoirs located in Arkansas and Pennsylvania. Its operations in Arkansas are focused on a natural gas reservoir, Fayetteville Shale, and its operations in northeast Pennsylvania are focused on the natural gas reservoir, Marcellus Shale. The Company engages in natural gas gathering activities in Arkansas, Texas, Louisiana, Pennsylvania and West Virginia.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.