Mizuho Securities announced Southwestern Energy (NYSE:SWN), bumping up its stock price target to $20.00 today
- Updated: October 5, 2016
Just yesterday Southwestern Energy (NYSE:SWN) traded 1.24% higher at $13.91. Southwestern Energy’s 50-day moving average is $14.04 and its 200-day moving average is $12.71. The last stock price is up 9.45% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 9,671,058 shares of SWN traded hands, down from an average trading volume of 12,005,000
In a report released on 10/06/2016 Mizuho Securities increased the stock price target of Southwestern Energy (NYSE:SWN) to $20.00 reporting a possible upside of 0.44%.
Recent Performance Chart
Southwestern Energy has 52 week low of $5.00 and a 52 week high of $15.59 and has a market capitalization of $0.
In addition to Mizuho Securities reporting its stock price target, a total of 34 brokerages have issued a research note on the company. The average stock price target is $10.60 with 2 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 25 brokerages rating the stock a hold, 7 brokerages rating the stock a underperform, and finally 3 brokerages rating the stock a sell.
Brief Synopsis On Southwestern Energy (NYSE:SWN)
Southwestern Energy Company is an independent 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 are focused on the development of unconventional natural gas reservoirs located in Pennsylvania, West Virginia and Arkansas. Its operations in northeast Pennsylvania are focused on the unconventional natural gas reservoir known as the Marcellus Shale. Its operations in West Virginia are also focused on the Utica and the Upper Devonian unconventional natural gas and oil reservoirs (Southwest Appalachia). Its operations in Arkansas are primarily focused on an unconventional natural gas reservoir known as the Fayetteville Shale. It has exploration and production activities in Colorado and Louisiana along with other areas. Through its affiliated midstream subsidiaries, it is engaged in natural gas gathering activities in Arkansas and Louisiana.
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