EP Energy Corp Hits New 12-Month High at $20.79 (EPE)
EP Energy Corp (NYSE:EPE) hit a new 52-week high during trading on Thursday , Analyst Ratings Network.com reports. The stock traded as high as $20.79 and last traded at $20.50, with a volume of 583,871 shares trading hands. The stock had previously closed at $20.34.
A number of research firms have recently commented on EPE. Analysts at SunTrust raised their price target on shares of EP Energy Corp from $22.00 to $23.00 in a research note on Monday, May 5th. Separately, analysts at Mizuho upgraded shares of EP Energy Corp from a “neutral” rating to a “buy” rating in a research note on Friday, May 2nd. They now have a $28.00 price target on the stock, up previously from $22.00. Finally, analysts at Howard Weil upgraded shares of EP Energy Corp from a “sector perform” rating to a “sector outperform” rating in a research note on Thursday, May 1st. They now have a $28.00 price target on the stock, up previously from $26.00. Five analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. EP Energy Corp has an average rating of “Buy” and an average target price of $24.62.
The stock has a 50-day moving average of $19.52 and a 200-day moving average of $18.95. The company has a market cap of $5.047 billion and a P/E ratio of 9.27.
EP Energy Corp (NYSE:EPE) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. Analysts expect that EP Energy Corp will post $0.98 EPS for the current fiscal year.
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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