They now have $11.00 price objective on the energy company's stock. Mizuho assumed coverage on shares of Southwestern Energy Company in a research note on Wednesday, October 5th. The stock tapped a 52-week high of US$40.17 while the mean 12-month price target for the shares is US$40.27.
Southwestern Energy Company was upgraded to "equal-weight" by analysts at Barclays. Other firms include BofA/Merrill giving Underperform rating on 4-Jan-17. According to Thomson Reuters, sell-side analysts are projecting a consensus target price of $13.530 on company shares.
ILLEGAL ACTIVITY WARNING: "Southwestern Energy Company (SWN) Receives New Coverage from Analysts at Credit Suisse Group" was reported by Community Financial News and is the sole property of of Community Financial News. Finally, Tudor Pickering downgraded Southwestern Energy Company from a "buy" rating to a "hold" rating in a research note on Friday, December 2nd. The stock gained a consensus recommendation of 2.77 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.
Stock market analysts and brokers have recently amended their target prices on shares of Southwestern Energy Company (NYSE:SWN).
Shares of Southwestern Energy Company (NYSE:SWN) opened at 9.79 on Monday. Southwestern Energy Company has a one year low of $5.30 and a one year high of $15.59. The company has a current market capitalization of $4,761 M and it has 495,453,280 shares in outstanding. After a recent look, the stock has been seen trading $-1.051 off of the 50-day moving average of $10.446 and $-2.935 separated from the 200-day moving average of $12.330. If you are accessing this news story on another site, it was stolen and reposted in violation of U.S. & worldwide copyright and trademark legislation.
07/22/2016 - Southwestern Energy Company was upgraded to "equal-weight" by analysts at Stephens. Another insider trade includes Officer Mccauley Jennifer N who also initiated a transaction in which 2811 shares were traded on 8 Dec 2016 as "Sell". The shares were sold at an average price of $12.61, for a total transaction of $45,534.71. Following the completion of the sale, the senior vice president now owns 21,399 shares in the company, valued at $269,841.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Following the completion of the transaction, the insider now owns 101,649 shares of the company's stock, valued at $1,242,150.78. Capstone Asset Management Co. now owns 24,406 shares of the energy company's stock worth $307,000 after buying an additional 1,013 shares during the period. The disclosure for this sale can be found here.
Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new position in Southwestern Energy Company during the fourth quarter valued at approximately $29,058,000. Bourgeon Capital Management LLC bought a new stake in Southwestern Energy Company during the second quarter valued at about $126,000.
Southwestern Energy Company (SWN) is an interesting player in the Basic Materials space, with a focus on Independent Oil & Gas. Finally, LPL Financial LLC acquired a new position in Southwestern Energy Company during the third quarter valued at approximately $349,000. Nordea Investment Management AB now owns 16,509 shares of the energy company's stock valued at $208,000 after buying an additional 1,321 shares in the last quarter. Institutional investors and hedge funds own 98.49% of the company's stock.