Wall Street is positive on SM Energy Co (SM). On average, analysts give the stock a Strong Buy rating. The average price target is $59.638, which means analysts expect the stock to gain by 60.02% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 41, which is better than 41% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating SM a Strong Buy today. Find out what this means to you and get the rest of the rankings on SM!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With SM Energy Co Stock Today?
SM Energy Co (SM) stock has gained 4.79% while the S&P 500 is lower by -0.27% as of 3:53 PM on Monday, Jun 27. SM has risen $1.70 from the previous closing price of $35.56 on volume of 2,393,924 shares. Over the past year the S&P 500 is down -9.08% while SM has risen 52.18%. SM earned $2.23 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.64.
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