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Analysts Offer Insights on Energy Companies: SM Energy (SM) and TC Energy (TRP)

Tipranks - Tue Jul 7, 8:54PM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on SM Energy (SM) and TC Energy (TRP).

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SM Energy (SM)

RBC Capital analyst Scott Hanold maintained a Hold rating on SM Energy on July 2 and set a price target of $40.00. The company’s shares closed last Monday at $26.35.

Hanold has an average return of 43.1% when recommending SM Energy. ;'>

According to TipRanks.com, Hanold is ranked #231 out of 12356 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SM Energy with a $38.56 average price target, implying a 45.8% upside from current levels. In a report issued on June 17, TipRanks – PerPlexity also downgraded the stock to Hold with a $29.00 price target.

See the top stocks recommended by analysts >>

TC Energy (TRP)

In a report issued on July 5, Maurice Choy from RBC Capital maintained a Buy rating on TC Energy, with a price target of C$104.00. The company’s shares closed last Monday at $66.95.

According to TipRanks.com, Choy is a 5-star analyst with an average return of 17.6% and a 81.0% success rate. Choy covers the Utilities sector, focusing on stocks such as Brookfield Infrastructure, TransAlta, and Fortis. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TC Energy with a $70.58 average price target.

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