Siebert Williams Shank & Co’s Analyst Provides Guidance for This Canadian Energy Company


In a report issued on December 10, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Hold rating on SM Energy (SM), with a price target of $6.00. The company’s shares closed last Thursday at $5.97.

According to TipRanks.com, Sorbara is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.5% and a 28.3% success rate. Sorbara covers the Utilities sector, focusing on stocks such as Continental Resources, Matador Resources, and Concho Resources.

Currently, the analyst consensus on SM Energy is a Moderate Buy with an average price target of $5.90, representing a 0.5% upside. In a report issued on December 11, Susquehanna also maintained a Hold rating on the stock with a $7.00 price target.

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The company has a one-year high of $12.40 and a one-year low of $0.90. Currently, SM Energy has an average volume of 6.94M.

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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.

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