EP Energy Corp Now Covered by BMO Capital Markets (EPE)
Stock analysts at BMO Capital Markets assumed coverage on shares of EP Energy Corp (NYSE:EPE) in a report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.
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 has a 50-day moving average of $18.04 and a 200-day moving average of $18.04. The company has a market cap of $4.675 billion and a price-to-earnings ratio of 8.13.
A number of other firms have also recently commented on EPE. Analysts at RBC Capital initiated coverage on shares of EP Energy Corp in a research note on Wednesday. They set an “outperform” rating and a $28.00 price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of EP Energy Corp in a research note on Wednesday. They set an “outperform” rating on the stock. Finally, 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. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $28.00.
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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