There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on SM Energy (SM – Research Report) and NOV (NOV – Research Report) with bullish sentiments.
SM Energy (SM)
In a report released today, Nicholas Pope from Seaport Global maintained a Buy rating on SM Energy, with a price target of $64.00. The company’s shares closed last Tuesday at $51.74, close to its 52-week high of $53.26.
According to TipRanks.com, Pope is a 3-star analyst with an average return of
SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $50.20, representing a -4.6% downside. In a report issued on April 5, Mizuho Securities also maintained a Buy rating on the stock with a $57.00 price target.
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NOV (NOV)
In a report released today, Tom Curran from Seaport Global maintained a Buy rating on NOV, with a price target of $23.00. The company’s shares closed last Tuesday at $20.25.
According to TipRanks.com, Curran is ranked #8175 out of 8799 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NOV with a $23.45 average price target.
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