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SM Energy (SM) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Thu Apr 9, 9:08PM CDT

In a report released yesterday, Scott Hanold from RBC Capital maintained a Hold rating on SM Energy, with a price target of $40.00.

Easter Sale - 70% Off TipRanks

Hanold covers the Energy sector, focusing on stocks such as Northern Oil And Gas, Devon Energy, and EQT. According to TipRanks, Hanold has an average return of 25.1% and a 72.46% success rate on recommended stocks.

In addition to RBC Capital, SM Energy also received a Hold from Roth MKM’s Leo Mariani in a report issued yesterday. However, on April 3, TipRanks – Google reiterated a Buy rating on SM Energy (NYSE: SM).

See the top stocks recommended by analysts >>

Based on SM Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $718.3 million and a net profit of $108.98 million. In comparison, last year the company earned a revenue of $835.86 million and had a net profit of $188.28 million

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