Southwestern Energy (NYSE:SWN) has been given a $7.00 price target by Royal Bank of Canada in a research note issued to investors on Wednesday. The brokerage currently has a “hold” rating on the energy company’s stock. Royal Bank of Canada’s price objective suggests a potential upside of 35.40% from the stock’s previous close.

A number of other research analysts also recently commented on the company. KeyCorp reiterated a “hold” rating on shares of Southwestern Energy in a research report on Sunday, September 3rd. Cowen restated a “buy” rating and issued a $9.00 price target on shares of Southwestern Energy in a research report on Tuesday, September 12th. Scotiabank set a $8.00 price target on Southwestern Energy and gave the stock a “hold” rating in a research report on Saturday, October 21st. Barclays lowered their price target on Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 11th. Finally, BidaskClub upgraded Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.90.

Southwestern Energy (NYSE:SWN) opened at $5.17 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $2,654.36, a P/E ratio of 12.95 and a beta of 1.23. Southwestern Energy has a 52-week low of $4.90 and a 52-week high of $11.36.

Southwestern Energy (NYSE:SWN) last posted its earnings results on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The firm had revenue of $737.00 million for the quarter, compared to the consensus estimate of $773.99 million. Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The firm’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.03 earnings per share. sell-side analysts predict that Southwestern Energy will post 0.44 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in SWN. US Bancorp DE lifted its position in shares of Southwestern Energy by 6.6% during the second quarter. US Bancorp DE now owns 31,715 shares of the energy company’s stock worth $193,000 after purchasing an additional 1,959 shares during the last quarter. Great West Life Assurance Co. Can lifted its position in shares of Southwestern Energy by 11.0% during the second quarter. Great West Life Assurance Co. Can now owns 314,536 shares of the energy company’s stock worth $1,909,000 after purchasing an additional 31,240 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in shares of Southwestern Energy by 182.8% during the second quarter. Canada Pension Plan Investment Board now owns 562,378 shares of the energy company’s stock worth $3,419,000 after purchasing an additional 363,500 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Southwestern Energy by 26.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 3,038,414 shares of the energy company’s stock worth $18,474,000 after purchasing an additional 635,222 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in shares of Southwestern Energy by 73.0% during the second quarter. Arizona State Retirement System now owns 213,300 shares of the energy company’s stock worth $1,297,000 after purchasing an additional 89,985 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.

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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.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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