SM Energy Company – Consensus Indicates Potential 6.9% Upside

Broker Ratings

SM Energy Company with ticker code (SM) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 3 with the average target price sitting at 9.04. Now with the previous closing price of 8.46 this is indicating there is a potential upside of 6.9%. The 50 day moving average now sits at 7.2 and the 200 day MA is 3.7. The market capitalisation for the company is $992m. You can visit the company’s website by visiting: http://www.sm-energy.com

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in the state of Texas. As of December 31, 2019, the company had 462.0 million barrels of oil equivalent of estimated proved reserves; and working interests in 807 gross productive oil wells and 519 gross productive gas wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

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