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Investment analysts at Guggenheim lowered their target price on shares of SM Energy (NYSE:SM) from $80.00 to $76.00 in a note issued to investors on Thursday, ARN reports. Guggenheim’s target price suggests a potential upside of 4.01% from the company’s current price.

A number of other analysts have also recently weighed in on SM. Analysts at Jefferies Group cut their price target on shares of SM Energy from $105.00 to $94.00 in a research note on Friday, February 21st. Separately, analysts at KLR Group raised their price target on shares of SM Energy from $17.00 to $108.00 in a research note on Thursday, February 20th. Finally, analysts at TheStreet downgraded shares of SM Energy from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Fourteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. SM Energy has an average rating of “Hold” and an average target price of $96.05.

SM Energy (NYSE:SM) traded up 0.15% on Thursday, hitting $73.18. 1,296,106 shares of the company’s stock traded hands. SM Energy has a 52-week low of $54.95 and a 52-week high of $94.00. The stock has a 50-day moving average of $82.11 and a 200-day moving average of $80.96. The company has a market cap of $4.907 billion and a price-to-earnings ratio of 29.11.

SM Energy (NYSE:SM) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $1.26 earnings per share for the quarter, missing the analysts’ 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. On average, analysts predict that SM Energy will post $5.57 earnings per share for the current fiscal year.

In other SM Energy news, SVP Herbert Vogel acquired 1,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, February 25th. The shares were purchased at an average cost of $71.50 per share, with a total value of $71,500.00. Following the acquisition, the senior vice president now directly owns 3,118 shares in the company, valued at approximately $222,937. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

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