In a report released today, Gordon Douthat from Wells Fargo upgraded SM Energy (SM) to Buy. The company’s shares opened today at $20.59.
According to TipRanks.com, Douthat is a 4-star analyst with an average return of 10.3% and a 35.7% success rate. Douthat covers the Basic Materials sector, focusing on stocks such as Jagged Peak Energy Inc, Whiting Petroleum Corp, and Gulfport Energy Corp.
SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $34.83.
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The company has a one-year high of $33.76 and a one-year low of $16.11. Currently, SM Energy has an average volume of 2.5M.
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SM Energy Co. is an independent energy company, which is engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations are located in South Texas and Gulf Coast, Rocky Mountain, and Permian regions. The company was founded in 1908 and is headquartered in Denver, CO.
