Share on StockTwits
 

SM Energy (NYSE:SM) was downgraded by stock analysts at KeyCorp from a “buy” rating to a “hold” rating in a report issued on Wednesday, TheFlyOnTheWall.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Socgen raised their price target on shares of SM Energy from $92.00 to $97.00 in a research note on Tuesday, February 4th. Separately, analysts at Zacks downgraded shares of SM Energy from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 15th. They now have a $88.00 price target on the stock. Finally, analysts at KLR Group upgraded shares of SM Energy from an “accumulate” rating to a “buy” rating in a research note on Thursday, January 2nd. Eleven analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $96.78.

SM Energy (NYSE:SM) opened at 89.58 on Wednesday. SM Energy has a 52 week low of $54.95 and a 52 week high of $94.00. The stock’s 50-day moving average is $83.80 and its 200-day moving average is $80.87. The company has a market cap of $6.001 billion and a P/E ratio of 59.08.

SM Energy (NYSE:SM) last posted its quarterly earnings results on Thursday, February 27th. The company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by $0.20. The company had revenue of $593.70 million for the quarter, compared to the consensus estimate of $612.80 million. Analysts expect that SM Energy will post $4.58 EPS for the current fiscal year.

SM Energy Company (NYSE:SM) is an independent energy company.

The Fly On The Wall

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.