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RBC Capital Keeps Their Hold Rating on SM Energy (SM)

Tipranks - Tipranks - Wed Jan 14, 6:41AM CST

RBC Capital analyst Scott Hanold maintained a Hold rating on SM Energy today and set a price target of $29.00.

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According to TipRanks, Hanold is a top 100 analyst with an average return of 25.5% and a 66.17% success rate. Hanold covers the Energy sector, focusing on stocks such as EOG Resources, Northern Oil And Gas, and Matador Resources.

In addition to RBC Capital, SM Energy also received a Hold from TipRanks – xAI’s xAi Oil and Gas Exploration and Production in a report issued today. However, on the same day, TipRanks – PerPlexity initiated coverage with 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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