Analysts at Piper Jaffray Reiterated their Hold rating for Southwestern Energy (SWN) with $7.0 Price Target; Shorts at NEXTSOURCE MATERIALS (NSRC) Raised By 138.23%

January 9, 2018 - By Adrian Mccoy

NEXTSOURCE MATERIALS INCORPORATED (OTCMKTS:NSRC) had an increase of 138.23% in short interest. NSRC’s SI was 167,000 shares in January as released by FINRA. Its up 138.23% from 70,100 shares previously. With 159,900 avg volume, 1 days are for NEXTSOURCE MATERIALS INCORPORATED (OTCMKTS:NSRC)’s short sellers to cover NSRC’s short positions. The stock increased 6.49% or $0.00425 during the last trading session, reaching $0.06975. About shares traded. NextSource Materials Inc. (OTCMKTS:NSRC) has 0.00% since January 9, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 32 analysts covering Southwestern Energy Company (NYSE:SWN), 9 have Buy rating, 4 Sell and 19 Hold. Therefore 28% are positive. Southwestern Energy Company has $29 highest and $3 lowest target. $10.46’s average target is 82.55% above currents $5.73 stock price. Southwestern Energy Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, July 21 with “Buy”. On Thursday, September 10 the stock rating was upgraded by Suntrust Robinson to “Buy”. The rating was downgraded by Mizuho to “Neutral” on Tuesday, November 21. Barclays Capital maintained the shares of SWN in report on Wednesday, October 11 with “Equal-Weight” rating. The firm has “Buy” rating given on Thursday, February 18 by Drexel Hamilton. The rating was upgraded by Jefferies to “Hold” on Friday, March 3. The rating was downgraded by Bernstein to “Mkt Perform” on Tuesday, February 28. On Friday, December 2 the stock rating was downgraded by Tudor Pickering to “Hold”. The firm has “Overweight” rating by JP Morgan given on Tuesday, December 15. Credit Suisse initiated it with “Hold” rating and $6.0 target in Monday, December 11 report.

NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. The company has market cap of $32.26 million. It explores for graphite, vanadium, and other minerals. It currently has negative earnings. The firm holds 100% interest in the Molo graphite property that includes 2,119 permits covering an area of 827.7 square kilometers located in Southern Madagascar Region, Madagascar.

Southwestern Energy Company, an independent natural gas and oil company, engages in the exploration, development, and production of natural gas and oil in the United States. The company has market cap of $2.89 billion. It operates through two divisions, Exploration and Production, and Midstream Services. It has a 9.21 P/E ratio. The firm focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 245,805 net acres in Northeast Appalachia; Marcellus, Utica, and Upper Devonian Shales covering approximately 321,563 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional gas reservoir covering approximately 918,535 net acres in Arkansas.

Analysts await Southwestern Energy Company (NYSE:SWN) to report earnings on February, 22. They expect $0.14 earnings per share, up 75.00% or $0.06 from last year’s $0.08 per share. SWN’s profit will be $70.68M for 10.23 P/E if the $0.14 EPS becomes a reality. After $0.06 actual earnings per share reported by Southwestern Energy Company for the previous quarter, Wall Street now forecasts 133.33% EPS growth.