Wells Fargo (NYSE:WFC) analyst Joseph McKay maintained a Hold rating on Sm Energy Company on Friday, setting a price target of $42, which is approximately 38.16% above the present share price of $30.4.
McKay expects Sm Energy Company to post earnings per share (EPS) of $0.70 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in SM Energy (NYSE:SM), with an average price target of $43.11.
The analysts price targets range from a high of $56 to a low of $20.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $759.81 million and a net profit of $344.15 million. The company's market cap is $3.69 billion.
According to TipRanks.com, Wells Fargo analyst Joseph McKay is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.7% and a 57.14% success rate.
SM Energy Co. is an independent energy company, which is engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations are located in South Texas and Gulf Coast, Rocky Mountain, and Permian regions. The company was founded in 1908 and is headquartered in Denver, CO.