.jpg "SM Energy (NYSE: SM)")
After Barclays and Wells Fargo gave SM Energy (NYSE: SM) a Buy rating last month, the company received another Buy, this time from Williams Capital. Analyst Gabriele Sorbara reiterated a Buy rating on SM Energy today and set a price target of $36. The company’s shares closed on Friday at $19.74.
According to TipRanks.com, Sorbara has currently no stars on a ranking scale of 0-5 stars, with an average return of -9.1% and a 35.3% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Extraction Oil & Gas, and Oasis Petroleum Inc.
SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $30.30, representing a 53.5% upside. In a report issued on January 24, Wells Fargo also maintained a Buy rating on the stock.
See today’s analyst top recommended stocks >>
The company has a one-year high of $33.76 and a one-year low of $13.15. Currently, SM Energy has an average volume of 2.65M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
