In a report released yesterday, Gordon Douthat from Wells Fargo maintained a Buy rating on SM Energy (SM). The company’s shares closed yesterday at $15.80, close to its 52-week low of $13.15.
According to TipRanks.com, Douthat is ranked #2216 out of 5236 analysts.
Currently, the analyst consensus on SM Energy is a Moderate Buy with an average price target of $21.57.
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SM Energy’s market cap is currently $1.77B and has a P/E ratio of 3.53. The company has a Price to Book ratio of 0.61.
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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.
