EP Energy Corp Coverage Initiated at Credit Suisse (EPE)
Research analysts at Credit Suisse assumed coverage on shares of EP Energy Corp (NYSE:EPE) in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
A number of other analysts have also recently weighed in on EPE. Analysts at Deutsche Bank initiated coverage on shares of EP Energy Corp in a research note on Wednesday. They set a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of EP Energy Corp in a research note on Wednesday. They set an “overweight” rating on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of EP Energy Corp in a research note on Wednesday. They set a “buy” rating on the stock. Six equities research analysts have rated the stock with a buy rating, EP Energy Corp has an average rating of “Buy” and a consensus target price of $28.00.
Shares of EP Energy Corp (NYSE:EPE) opened at 19.10 on Wednesday. EP Energy Corp has a one year low of $16.00 and a one year high of $19.99. The stock’s 50-day moving average is $18.04 and its 200-day moving average is $18.04. The company has a market cap of $4.675 billion and a price-to-earnings ratio of 8.13.
EP Energy Corporation is an independent exploration and production company. It is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States.
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