SM Energy PT Raised to $96.00 at Barrington Research (SM)
Barrington Research increased their price objective on shares of SM Energy (NYSE:SM) from $77.00 to $96.00 in a research note issued on Tuesday, American Banking & Market News reports. The firm currently has an “outperform” rating on the stock. Barrington Research’s price objective suggests a potential upside of 25.54% from the company’s current price.
A number of other analysts have also recently weighed in on SM. Analysts at Societe Generale upgraded shares of SM Energy (NYSE:SM) from a “hold” rating to a “buy” rating in a research note to investors on Friday. They now have a $92.00 price target on the stock, up previously from $67.00. Separately, analysts at Zacks upgraded shares of SM Energy (NYSE:SM) from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, September 17th. They now have a $89.00 price target on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of SM Energy (NYSE:SM) in a research note to investors on Wednesday, August 21st. They set a “neutral” rating on the stock.
Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. SM Energy currently has a consensus rating of “Buy” and a consensus price target of $81.50.
Shares of SM Energy (NYSE:SM) traded up 0.87% on Tuesday, hitting $76.47. 1,028,506 shares of the company’s stock traded hands. SM Energy has a one year low of $45.25 and a one year high of $77.17. The stock’s 50-day moving average is $70.62 and its 200-day moving average is $63.89. The company’s market cap is $5.118 billion.
SM Energy Company (NYSE:SM) is an independent energy company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.