Zacks Investment Research upgraded Southwest Gas Corporation (NYSE:SWX) to Hold in a report released today.
- Updated: September 30, 2016
Yesterday Southwest Gas Corporation (NYSE:SWX) traded -0.96% lower at $69.86. SWX’s 50-day average is $71.11 and its 200-day moving average is $70.88. With the last stock price down -1.44% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 239,430 shares of SWX traded hands, down from an average trading volume of 251,580
Zacks Investment Research has upgraded Southwest Gas Corporation (NYSE:SWX) to Hold in a report released on 10/01/2016.
Recent Performance Chart
Southwest Gas Corporation has 52 week low of $50.53 and a 52 week high of $79.58 with a P/E ratio of 22.82 and has a market cap of $0.
In addition to Zacks Investment Research reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $62.25 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Southwest Gas Corporation (NYSE:SWX)
Southwest Gas Corporation is engaged in the business of purchasing, distributing and transporting natural gas in Arizona, Nevada and California. The Company operates through two segments: natural gas operations and construction services, which includes the operations of the Company's subsidiary, Centuri Construction Group, Inc., (Centuri). Its natural gas operations segment includes acquiring and arranging delivery of natural gas to its system in sufficient quantities. It acquires natural gas from various sources and a mix of purchase provisions, which includes spot market and firm supplies. Centuri is a full-service underground piping contractor that primarily provides utility companies with trenching and installation, replacement and maintenance services for energy distribution systems, and industrial construction solutions. Centuri operates through NPL Construction Co., Link-Line Contractors Ltd., W.S. Nicholls Construction, Inc. and related companies, and Brigadier Pipelines Inc.
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