Goldman Sachs analyst Neil Mehta maintained a Hold rating on Southwestern Energy (SWN – Research Report) today and set a price target of $6.50. The company’s shares opened today at $5.51.
Mehta covers the Utilities sector, focusing on stocks such as Canadian Natural, Cenovus Energy, and EQT. According to TipRanks, Mehta has an average return of 14.5% and a 66.20% success rate on recommended stocks.
In addition to Goldman Sachs, Southwestern Energy also received a Hold from Morgan Stanley’s Devin McDermott in a report issued yesterday. However, on January 23, Susquehanna maintained a Buy rating on Southwestern Energy (NYSE: SWN).
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SWN market cap is currently $6.52B and has a P/E ratio of 4.32.
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Southwestern Energy Co. is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P); and Marketing segments. The E&P segment includes operations in northeast Pennsylvania, West Virginia, and southwest Pennsylvania, The Marketing segment deals in the marketing and transportation of natural gas, oil and NGLs primarily produced in E&P. The company was founded on July 2, 1929 and is headquartered in Spring, TX.
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