Southwestern Energy Company (SWN) : 24 analysts are covering Southwestern Energy Company (SWN) and their average rating on the stock is 3.24, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 4 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 2 more analyst has given the stock a Sell recommendation. A total of 16 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Southwestern Energy Company (SWN) : 21 investment research analysts covering Southwestern Energy Company (SWN) have an average price target of $13.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $17 and the lowest target is $5 for the short term. Analysts expect the variance to be within $2.97 of the average price.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Southwestern Energy Company (NYSE:SWN). Barclays has a Underweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $14 per share from a prior target of $8. The rating by the firm was issued on July 25, 2016.
Southwestern Energy Company (NYSE:SWN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.88 and $13.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.50, notching a gain of 5.30% for the day. The total traded volume was 11,545,290 . The stock had closed at $13.77 on the previous day.
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.