UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on Swift Energy Company
In a report published Friday, Jefferies & Company reiterated its Buy rating of Swift Energy Company (NYSE: SFY), but lowered its price target from $35.00 to $25.00.
Jefferies noted, “Shares look attractive on P1 value ($25/shr on $95/$4 deck). P1 falls to $16 at $85 oil. Uncertainty over '13 capex/production could continue to be headwind, however.”
Swift Energy Company closed on Thursday at $15.56.
Latest Ratings for SFY
|Dec 2015||Wells Fargo||Downgrades||Market Perform||Underperform|
|Sep 2015||RBC Capital||Downgrades||Outperform||Sector Perform|
|Jul 2015||KeyBanc||Downgrades||Overweight||Sector Weight|
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