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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, 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.

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