BidaskClub lowered shares of Southwestern Energy Company (NYSE:SWN) from a sell rating to a strong sell rating in a research report released on Thursday.

Other equities research analysts also recently issued reports about the stock. Citigroup Inc. lowered their target price on shares of Southwestern Energy from $9.00 to $8.00 and set a buy rating for the company in a research note on Friday, July 21st. 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, July 19th. BMO Capital Markets restated a buy rating and issued a $8.00 target price on shares of Southwestern Energy in a research note on Tuesday, June 27th. National Securities restated a buy rating and issued a $14.00 target price on shares of Southwestern Energy in a research note on Monday, May 1st. Finally, Barclays PLC restated an equal weight rating and issued a $9.00 target price (down from $10.00) on shares of Southwestern Energy in a research note on Saturday, April 22nd. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. Southwestern Energy has a consensus rating of Hold and an average price target of $12.65.

Shares of Southwestern Energy (SWN) traded down 3.3305% during trading on Thursday, reaching $5.7325. 17,560,373 shares of the company were exchanged. Southwestern Energy has a 1-year low of $5.46 and a 1-year high of $15.59. The company’s 50-day moving average is $5.93 and its 200 day moving average is $7.44. The firm’s market capitalization is $2.84 billion.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, April 27th. The energy company reported $0.18 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. The company had revenue of $846 million during the quarter, compared to the consensus estimate of $765.03 million. Southwestern Energy had a negative net margin of 43.91% and a positive return on equity of 17.89%. Southwestern Energy’s revenue was up 46.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.08) earnings per share. Equities research analysts expect that Southwestern Energy will post $0.62 EPS for the current fiscal year.

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Hedge funds have recently added to or reduced their stakes in the stock. Retirement Systems of Alabama raised its stake in Southwestern Energy by 3.5% in the first quarter. Retirement Systems of Alabama now owns 240,706 shares of the energy company’s stock valued at $1,967,000 after buying an additional 8,084 shares in the last quarter. Granite Investment Advisors LLC raised its stake in Southwestern Energy by 15.3% in the first quarter. Granite Investment Advisors LLC now owns 707,830 shares of the energy company’s stock valued at $5,783,000 after buying an additional 93,856 shares in the last quarter. DnB Asset Management AS raised its stake in Southwestern Energy by 25.2% in the first quarter. DnB Asset Management AS now owns 48,627 shares of the energy company’s stock valued at $397,000 after buying an additional 9,800 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in Southwestern Energy during the first quarter valued at approximately $233,000. Finally, Gulf International Bank UK Ltd raised its stake in Southwestern Energy by 2.2% in the first quarter. Gulf International Bank UK Ltd now owns 147,639 shares of the energy company’s stock valued at $1,206,000 after buying an additional 3,150 shares in the last quarter. Institutional investors own 92.99% 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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