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Shares of SM Energy (NYSE:SM) have earned a consensus rating of “Hold” from the twenty-two analysts that are currently covering the stock, American Banking News reports. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $96.50.

SM has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of SM Energy in a research note on Monday, August 4th. They now have a $89.00 price target on the stock, up previously from $86.00. Separately, analysts at TheStreet downgraded shares of SM Energy to a “hold” rating in a research note on Friday, August 1st. Finally, analysts at KLR Group raised their price target on shares of SM Energy from $6.00 to $100.00 in a research note on Thursday, July 31st. They now have an “accumulate” rating on the stock.

Shares of SM Energy (NYSE:SM) traded down 0.49% on Wednesday, hitting $77.70. The stock had a trading volume of 82,628 shares. SM Energy has a one year low of $65.98 and a one year high of $94.00. The stock has a 50-day moving average of $79.97 and a 200-day moving average of $77.17. The company has a market cap of $5.235 billion and a price-to-earnings ratio of 26.28.

SM Energy (NYSE:SM) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by $0.72. The company had revenue of $674.98 million for the quarter, compared to the consensus estimate of $621.71 million. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. Analysts expect that SM Energy will post $6.89 EPS for the current fiscal year.

In other SM Energy news, Director John M. Seidl sold 2,020 shares of the stock on the open market in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $77.77, for a total value of $157,095.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

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