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SM Energy (NYSE:SM) has been given an average rating of “Hold” by the twenty-two analysts that are covering the company, Analyst Ratings reports. Ten research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $96.50.

A number of research firms have recently commented on SM. 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.

SM Energy (NYSE:SM) opened at 75.24 on Wednesday. SM Energy has a one year low of $66.41 and a one year high of $94.00. The stock has a 50-day moving average of $79.39 and a 200-day moving average of $77.11. The company has a market cap of $5.069 billion and a P/E ratio of 25.31.

SM Energy (NYSE:SM) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.88 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up 20.7% on a year-over-year basis. Analysts expect that SM Energy will post $6.87 EPS for the current fiscal year.

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

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