Southwestern Energy (SWN) Receives a Hold from Piper Jaffray


Piper Jaffray analyst Kashy Harrison reiterated a Hold rating on Southwestern Energy (SWN) on November 15 and set a price target of $5. The company’s shares opened today at $5.34.

According to TipRanks.com, Harrison is a 1-star analyst with an average return of -4.3% and a 35.0% success rate. Harrison covers the Basic Materials sector, focusing on stocks such as Sanchez Energy Corporation, Continental Resources, and Gulfport Energy Corp.

The word on The Street in general, suggests a Hold analyst consensus rating for Southwestern Energy with a $6.67 average price target, implying a 24.9% upside from current levels. In a report issued on November 13, Merrill Lynch also upgraded the stock to Hold with a $7 price target.

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Southwestern Energy’s market cap is currently $3.13B and has a P/E ratio of 5.80. The company has a Price to Book ratio of 1.42.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Southwestern Energy Co. is an independent holding company, which engages in the development and production activities including related natural gas gathering and marketing. It operates through the Exploration and Production (E&P); and Midstream Services segments.

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