SM Energy Price Target Increased to $80.00 by Analysts at Topeka Capital Markets (SM)
Stock analysts at Topeka Capital Markets increased their price target on shares of SM Energy (NYSE:SM) from $64.00 to $80.00 in a report issued on Wednesday, American Banking News reports. The firm currently has a “hold” rating on the stock. Topeka Capital Markets’ price target would indicate a potential upside of 1.15% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barrington Research raised their price target on shares of SM Energy from $77.00 to $96.00 in a research note to investors on Tuesday, September 24th. They now have an “outperform” rating on the stock. Separately, analysts at Societe Generale upgraded shares of SM Energy from a “hold” rating to a “buy” rating in a research note to investors on Friday, September 20th. They now have a $92.00 price target on the stock, up previously from $67.00. Finally, analysts at Zacks upgraded shares of SM Energy 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. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $82.64.
SM Energy (NYSE:SM) traded up 0.20% on Wednesday, hitting $79.09. The stock had a trading volume of 950,712 shares. SM Energy has a 1-year low of $45.25 and a 1-year high of $81.56. The stock has a 50-day moving average of $73.57 and a 200-day moving average of $65.44. The company’s market cap is $5.293 billion.
SM Energy Company (NYSE:SM) is an independent energy company.
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