Analysts have been eager to weigh in on the NA sector with new ratings on SM Energy (SM – Research Report), DT Midstream (DTM – Research Report) and Canadian Natural (CNQ – Research Report).
SM Energy (SM)
J.P. Morgan analyst Zach Parham maintained a Buy rating on SM Energy on November 6 and set a price target of $45.00. The company’s shares closed last Tuesday at $37.56.
According to TipRanks.com, Parham is a 4-star analyst with an average return of
SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $49.38, implying a 29.2% upside from current levels. In a report issued on November 2, Mizuho Securities also maintained a Buy rating on the stock with a $50.00 price target.
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DT Midstream (DTM)
In a report released yesterday, John Mackay from Goldman Sachs maintained a Sell rating on DT Midstream. The company’s shares closed last Tuesday at $55.19.
According to TipRanks.com, Mackay is a 3-star analyst with an average return of
Currently, the analyst consensus on DT Midstream is a Hold with an average price target of $58.00.
Canadian Natural (CNQ)
J.P. Morgan analyst John Royall maintained a Hold rating on Canadian Natural on November 6 and set a price target of C$114.00. The company’s shares closed last Tuesday at $63.78.
According to TipRanks.com, Royall is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Natural with a $71.86 average price target, a 9.8% upside from current levels. In a report issued on November 3, Scotiabank also maintained a Hold rating on the stock with a C$90.00 price target.
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Read More on SM:
- SM Energy sees 2023 production 55.1-55.4 MMBoe, or 151-152 MBoe/d
- SM Energy reports Q3 adjusted EPS $1.73, consensus $1.53
- SM ENERGY REPORTS THIRD QUARTER 2023 RESULTS AND ANNOUNCES 20% INCREASE IN FIXED DIVIDEND
- Is SM a Buy, Before Earnings?
- SM Energy price target raised to $40 from $32 at Susquehanna
