Brean Murray Raises Southwest Gas to Buy (SWX)

By admin | 6 years ago

Southwest Gas (NYSE: SWX) was upgraded by equities research analysts at Brean Murray from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday. The firm currently has a $49.00 price target on the stock.

SWX has been the subject of a number of other recent research reports. Analysts at Brean Murray Carret & Co. upgraded shares of Southwest Gas to a “buy” rating in a research note to investors on Tuesday. Separately, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Southwest Gas from $39.00 to $42.00 in a research note to investors on Monday, April 23rd. They now have an “underweight” rating on the stock. Finally, analysts at Zacks upgraded shares of Southwest Gas from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, February 22nd.

Southwest Gas traded down 0.61% on Tuesday, hitting $42.58. Southwest Gas has a 52-week low of $32.12 and a 52-week high of $43.64. The company has a market cap of $1.963 billion and a price-to-earnings ratio of 17.63.

Southwest Gas Corporation is engaged in the business of purchasing, distributing, and transporting natural gas in portions of Arizona, Nevada, and California.

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