Barclays PLC reissued their hold rating on shares of Southwestern Energy Company (NYSE:SWN) in a report released on Friday, July 7th. Barclays PLC currently has a $6.00 price target on the energy company’s stock.

SWN has been the subject of several other reports. Cowen and Company raised shares of Southwestern Energy from a market perform rating to an outperform rating and lowered their target price for the stock from $14.00 to $11.00 in a research note on Wednesday, April 19th. National Securities restated a buy rating and set a $14.00 target price on shares of Southwestern Energy in a report on Monday, May 1st. BMO Capital Markets restated a buy rating and set a $8.00 target price on shares of Southwestern Energy in a report on Tuesday, June 27th. Jefferies Group LLC restated a hold rating and set a $8.00 target price on shares of Southwestern Energy in a report on Tuesday, April 4th. Finally, Royal Bank Of Canada set a $10.00 price target on shares of Southwestern Energy and gave the stock a hold rating in a research note on Saturday, June 10th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. Southwestern Energy currently has a consensus rating of Hold and an average target price of $12.65.

Southwestern Energy (NYSE SWN) traded down 1.52% during midday trading on Friday, hitting $5.20. The company had a trading volume of 17,779,311 shares. Southwestern Energy has a 52 week low of $5.03 and a 52 week high of $15.59. The stock has a 50 day moving average price of $5.90 and a 200 day moving average price of $7.33. The company’s market capitalization is $2.57 billion.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.08. Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. The company had revenue of $811 million during the quarter, compared to analysts’ expectations of $810 million. During the same period last year, the business posted ($0.09) earnings per share. The company’s quarterly revenue was up 55.4% on a year-over-year basis. Equities analysts forecast that Southwestern Energy will post $0.60 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Comerica Bank increased its stake in shares of Southwestern Energy by 4.6% in the fourth quarter. Comerica Bank now owns 151,482 shares of the energy company’s stock valued at $1,521,000 after buying an additional 6,600 shares during the period. Federated Investors Inc. PA increased its stake in shares of Southwestern Energy by 211.9% in the fourth quarter. Federated Investors Inc. PA now owns 32,885 shares of the energy company’s stock valued at $356,000 after buying an additional 22,343 shares during the period. United Capital Financial Advisers LLC increased its stake in shares of Southwestern Energy by 31.7% in the fourth quarter. United Capital Financial Advisers LLC now owns 15,562 shares of the energy company’s stock valued at $168,000 after buying an additional 3,749 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Southwestern Energy by 4.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 16,680 shares of the energy company’s stock valued at $180,000 after buying an additional 650 shares during the period. Finally, Norges Bank bought a new stake in shares of Southwestern Energy during the fourth quarter valued at approximately $87,999,000. 93.62% of the stock is currently owned by institutional investors and hedge funds.

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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