SM Energy (NYSE:SM) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Tuesday.
Other analysts also recently issued reports about the stock. KeyCorp reissued a “buy” rating and set a $26.00 target price on shares of SM Energy in a research note on Friday, October 20th. Williams Capital boosted their target price on shares of SM Energy from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research raised shares of SM Energy from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Thursday, November 9th. Robert W. Baird set a $35.00 target price on shares of SM Energy and gave the company a “buy” rating in a research note on Wednesday, January 10th. Finally, Stifel Nicolaus set a $44.00 target price on shares of SM Energy and gave the company a “buy” rating in a research note on Monday, January 29th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. SM Energy has an average rating of “Hold” and a consensus target price of $27.81.
Shares of SM Energy (NYSE SM) traded down $1.07 during trading hours on Tuesday, reaching $20.47. 4,280,000 shares of the company’s stock traded hands, compared to its average volume of 3,530,000. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.53 and a current ratio of 1.53. SM Energy has a 52 week low of $12.29 and a 52 week high of $29.30. The firm has a market cap of $2,280.00, a P/E ratio of -6.02 and a beta of 2.94.
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SM Energy Company Profile
SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids in onshore North America. It operates in the exploration and production segment of the oil and gas industry within the United States.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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