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Siebert Williams Shank & Co Sticks to Its Hold Rating for SM Energy (SM)

Tipranks - Tipranks - Wed Feb 18, 6:27AM CST

In a report released on February 13, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Hold rating on SM Energy, with a price target of $23.00. The company’s shares closed last Friday at $21.46.

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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CNX Resources. According to TipRanks, Sorbara has an average return of 15.1% and a 63.49% success rate on recommended stocks.

In addition to Siebert Williams Shank & Co, SM Energy also received a Hold from TipRanks – Anthropic’s Anthropic Oil and Gas Exploration and Production in a report issued on January 31. However, today, KeyBanc reiterated a Buy rating on SM Energy (NYSE: SM).

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Based on SM Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $811.01 million and a net profit of $155.09 million. In comparison, last year the company earned a revenue of $642.38 million and had a net profit of $240.52 million

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