Jefferies Group Reiterates Hold on Southwestern Energy (SWN)
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG (NYSE: UBS) reiterated a “buy” rating on shares of Southwestern Energy in a research note to investors on Friday. Separately, analysts at Dahlman Rose cut their price target on shares of Southwestern Energy from $43.00 to $38.00 in a research note to investors on Monday, April 9th. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Southwestern Energy in a research note to investors on Friday, March 16th. They now have a $35.00 price target on the stock.
Southwestern Energy opened at 28.83 on Monday. Southwestern Energy has a 52-week low of $27.15 and a 52-week high of $49.25. The company has a market cap of $10.065 billion and a price-to-earnings ratio of 16.57.
Southwestern Energy last posted its quarterly earnings results on Thursday, May 3rd. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.32 by $0.01. The company’s quarterly revenue was down 29.9% on a year-over-year basis. Analysts expect that Southwestern Energy will post $0.30 EPS next quarter.
Southwestern Energy Company (Southwestern Energy) is an independent energy company engaged in natural gas and crude oil exploration, development and production (E&P).