Southwestern Energy (SWN) Downgraded by Mizuho to Underperform

Mizuho lowered shares of Southwestern Energy (NYSE:SWN) from a neutral rating to an underperform rating in a research note published on Tuesday, January 16th, Marketbeat.com reports.

A number of other brokerages have also issued reports on SWN. Morgan Stanley increased their price objective on Southwestern Energy from $5.00 to $6.00 and gave the stock an underweight rating in a report on Wednesday, October 18th. Barclays decreased their price objective on Southwestern Energy from $6.00 to $5.00 and set an equal weight rating for the company in a report on Wednesday, October 11th. KeyCorp reissued a hold rating on shares of Southwestern Energy in a report on Friday, November 10th. Wolfe Research raised Southwestern Energy from an underperform rating to a market perform rating and increased their price objective for the stock from $6.00 to $7.00 in a report on Wednesday, September 20th. Finally, Piper Jaffray Companies reissued a hold rating and issued a $7.00 price objective on shares of Southwestern Energy in a report on Tuesday, January 9th. Eight equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $8.14.

Shares of Southwestern Energy (NYSE SWN) traded up $0.05 during mid-day trading on Tuesday, reaching $3.69. The company had a trading volume of 43,003,295 shares, compared to its average volume of 30,300,000. Southwestern Energy has a 1-year low of $3.42 and a 1-year high of $9.15. The company has a market cap of $1,890.00, a price-to-earnings ratio of 5.95 and a beta of 0.96. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88.

Large investors have recently made changes to their positions in the company. Zacks Investment Management acquired a new stake in shares of Southwestern Energy during the 2nd quarter valued at $105,000. Cetera Investment Advisers acquired a new stake in shares of Southwestern Energy during the 2nd quarter valued at $108,000. MML Investors Services LLC lifted its position in shares of Southwestern Energy by 5.3% during the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock valued at $109,000 after acquiring an additional 900 shares during the last quarter. NuWave Investment Management LLC acquired a new stake in shares of Southwestern Energy during the 4th quarter valued at $117,000. Finally, Sciencast Management LP acquired a new stake in shares of Southwestern Energy during the 2nd quarter valued at $126,000. Institutional investors own 77.27% of the company’s stock.

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Southwestern Energy Company Profile

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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