Seaport Global Securities upgraded shares of SilverBow Resources (NYSE:SBOW) from a neutral rating to a buy rating in a research report sent to investors on Tuesday. They currently have $25.00 price objective on the stock.
Several other analysts also recently commented on SBOW. BidaskClub raised shares of SilverBow Resources from a strong sell rating to a sell rating in a report on Friday, September 15th. Northland Securities started coverage on shares of SilverBow Resources in a report on Thursday, September 28th. They set an outperform rating and a $42.00 target price for the company. Stephens started coverage on shares of SilverBow Resources in a report on Friday, September 29th. They set an overweight rating and a $28.00 target price for the company. Finally, Zacks Investment Research downgraded shares of SilverBow Resources from a hold rating to a sell rating in a report on Wednesday, October 4th. Two analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $31.67.
Shares of SilverBow Resources (SBOW) opened at $24.42 on Tuesday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.55 and a current ratio of 0.55. SilverBow Resources has a twelve month low of $19.89 and a twelve month high of $35.70.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Pentwater Capital Management LP bought a new stake in SilverBow Resources in the 2nd quarter valued at about $15,114,000. Wells Fargo & Company MN boosted its holdings in SilverBow Resources by 2.3% in the 3rd quarter. Wells Fargo & Company MN now owns 292,404 shares of the company’s stock valued at $7,178,000 after purchasing an additional 6,628 shares during the period. Vanguard Group Inc. bought a new stake in SilverBow Resources in the 2nd quarter valued at about $4,637,000. State Street Corp bought a new stake in SilverBow Resources in the 2nd quarter valued at about $1,834,000. Finally, Northern Trust Corp bought a new stake in SilverBow Resources in the 2nd quarter valued at about $1,762,000. 30.06% of the stock is owned by hedge funds and other institutional investors.
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SilverBow Resources Company Profile
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