KeyBanc Reaffirms Their Buy Rating on SM Energy (SM)
KeyBanc analyst Tim Rezvan reiterated a Buy rating on SM Energy today and set a price target of $28.00.
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Rezvan covers the Energy sector, focusing on stocks such as Magnolia Oil & Gas, Black Stone Minerals, and Kimbell Royalty Partners. According to TipRanks, Rezvan has an average return of -7.3% and a 42.18% success rate on recommended stocks.
SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $32.11.
Based on SM Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $811.59 million and a net profit of $155.09 million. In comparison, last year the company earned a revenue of $643.61 million and had a net profit of $240.52 million
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