RBC Capital analyst Scott Hanold maintained a Hold rating on SM Energy (SM – Research Report) yesterday and set a price target of $50.00. The company’s shares closed last Friday at $52.76.
According to TipRanks, Hanold is a top 25 analyst with an average return of 27.0% and a 69.20% success rate. Hanold covers the Energy sector, focusing on stocks such as California Resources Corp, EOG Resources, and EQT.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SM Energy with a $48.30 average price target.
SM market cap is currently $6.11B and has a P/E ratio of 7.69.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SM Energy (SM) Company Description:
SM Energy Co. is an independent energy company, which is engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations are located in South Texas and Gulf Coast, Rocky Mountain, and Permian regions. The company was founded in 1908 and is headquartered in Denver, CO.
