SM Energy (NYSE:SM) was downgraded by stock analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday.
A number of other research firms have also recently issued reports on SM. Royal Bank of Canada restated a “hold” rating and set a $24.00 price target on shares of SM Energy in a report on Wednesday, January 10th. Robert W. Baird set a $35.00 price target on SM Energy and gave the stock a “buy” rating in a report on Wednesday, January 10th. Williams Capital restated a “buy” rating and set a $39.00 price target on shares of SM Energy in a report on Wednesday, January 10th. KeyCorp reiterated an “overweight” rating and issued a $31.00 target price (up from $26.00) on shares of SM Energy in a report on Wednesday, January 10th. Finally, Stifel Nicolaus set a $44.00 target price on SM Energy and gave the stock a “buy” rating in a report on Monday, January 29th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $27.81.
SM Energy (NYSE:SM) opened at $21.43 on Tuesday. The stock has a market capitalization of $2,390.00, a P/E ratio of -6.30 and a beta of 2.94. SM Energy has a twelve month low of $12.29 and a twelve month high of $28.63. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 1.20.
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SM Energy Company Profile
SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids in onshore North America. It operates in the exploration and production segment of the oil and gas industry within the United States.
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