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Analysts Offer Insights on Energy Companies: SM Energy (SM) and New Hope Corporation Limited (OtherNHPEF)

Tipranks - Thu Mar 19, 8:22AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on SM Energy (SMResearch Report) and New Hope Corporation Limited (NHPEFResearch Report).

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SM Energy (SM)

In a report released yesterday, Leo Mariani from Roth MKM maintained a Buy rating on SM Energy, with a price target of $24.00. The company’s shares closed last Tuesday at $26.81, close to its 52-week low of $26.66.

According to TipRanks.com, Mariani is a top 25 analyst with an average return of 35.9% and a 72.8% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Prairie Operating Co. ;'>

Currently, the analyst consensus on SM Energy is a Moderate Buy with an average price target of $29.44, representing a 9.8% upside. In a report issued on March 5, TipRanks – Anthropic also upgraded the stock to Buy with a $27.00 price target.

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New Hope Corporation Limited (NHPEF)

In a report released today, Daniel Roden from Jefferies maintained a Hold rating on New Hope Corporation Limited, with a price target of A$4.80. The company’s shares closed last Tuesday at $3.64, close to its 52-week high of $3.65.

According to TipRanks.com, Roden is a 4-star analyst with an average return of 14.6% and a 57.1% success rate. Roden covers the NA sector, focusing on stocks such as Whitehaven Coal Limited, Deep Yellow Limited, and Paladin Energy Ltd. ;'>

Currently, the analyst consensus on New Hope Corporation Limited is a Hold with an average price target of $3.14, a -16.3% downside from current levels. In a report issued on March 3, TipRanks – Anthropic also initiated coverage with a Hold rating on the stock with a A$5.00 price target.

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