SM Energy (NYSE:SM): Stifel Nicolaus Keeps “Buy” Rating Today, Has a Target of $39.0000/Share

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Investors sentiment decreased to 1.13 in Q2 2018. Its down 0.03, from 1.16 in 2018Q1. It dived, as 19 investors sold SM Energy Company shares while 73 reduced holdings. 37 funds opened positions while 67 raised stakes. 118.23 million shares or 3.79% less from 122.88 million shares in 2018Q1 were reported.

Bluestein R H And Com holds 21,600 shares or 0.03% of its portfolio. Price T Rowe Md has invested 0% of its portfolio in SM Energy Company (NYSE:SM). Tower Research Cap Llc (Trc) holds 0% or 1,920 shares in its portfolio. Walleye Trading Ltd Com invested in 58,224 shares. Thrivent Fin For Lutherans has 0.02% invested in SM Energy Company (NYSE:SM) for 249,099 shares. Columbia Pacific Advsr, Washington-based fund reported 183,959 shares. Mackay Shields Limited Liability Corp has invested 0.02% of its portfolio in SM Energy Company (NYSE:SM). Federated Invsts Incorporated Pa invested in 41,094 shares or 0% of the stock. 340,110 were accumulated by Marshall Wace Ltd Liability Partnership. Piedmont Invest Advsr Ltd Co has invested 0% in SM Energy Company (NYSE:SM). Invesco Limited reported 120,988 shares stake. Wells Fargo Co Mn reported 0% of its portfolio in SM Energy Company (NYSE:SM). Great West Life Assurance Can holds 0% or 56,797 shares in its portfolio. Texas Permanent School Fund stated it has 0.02% in SM Energy Company (NYSE:SM). 470,370 were accumulated by Schwab Charles Investment.

SM Energy (NYSE:SM) Rating Reaffirmed

The firm has just set a TP of $39.0000 on SM Energy (NYSE:SM) shares. This is 91.18 % from the close price. In an analyst note issued on 25 November, Stifel Nicolaus maintained their “Buy” rating on shares of SM.

SM Energy Company (NYSE:SM) Ratings Coverage

Among 7 analysts covering SM Energy (NYSE:SM), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. SM Energy has $4400 highest and $25 lowest target. $37.83’s average target is 85.44% above currents $20.4 stock price. SM Energy had 10 analyst reports since June 4, 2018 according to SRatingsIntel. The rating was maintained by Williams Capital Group with “Buy” on Monday, June 25. The company was upgraded on Wednesday, October 24 by Wells Fargo. On Friday, July 20 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of SM Energy Company (NYSE:SM) earned “Overweight” rating by JP Morgan on Monday, July 23. The firm has “Buy” rating given on Monday, November 26 by Wells Fargo. Credit Suisse downgraded it to “Neutral” rating and $25 target in Monday, June 4 report. The stock of SM Energy Company (NYSE:SM) has “Neutral” rating given on Thursday, July 12 by FBR Capital. As per Thursday, August 2, the company rating was maintained by Stifel Nicolaus. The stock of SM Energy Company (NYSE:SM) has “Buy” rating given on Sunday, November 25 by Stifel Nicolaus.

The stock decreased 2.67% or $0.56 during the last trading session, reaching $20.4. About 2.12M shares traded. SM Energy Company (NYSE:SM) has risen 113.27% since December 2, 2017 and is uptrending. It has outperformed by 97.65% the S&P500.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. The company has market cap of $2.29 billion. It primarily has activities in the South Texas and Gulf Coast, Rocky Mountain, and Permian regions. It has a 13.33 P/E ratio. As of December 31, 2016, the firm had 395.8 million barrels of oil equivalent of estimated proved reserves; and working interests in 841 net productive oil wells and 704 net productive gas wells.

Another recent and important SM Energy Company (NYSE:SM) news was published by Seekingalpha.com which published an article titled: “SM Energy Company (SM) CEO Jay Ottoson on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 02, 2018.

SM Energy Company (NYSE:SM) Institutional Positions Chart

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