EP Energy Corp PT Raised to $30.00 (EPE)
Equities researchers at Howard Weil upped their price target on shares of EP Energy Corp (NYSE:EPE) from $28.00 to $30.00 in a research report issued on Thursday. The firm currently has a “sector outperform” rating on the stock. Howard Weil’s price objective suggests a potential upside of 37.36% from the stock’s previous close.
Shares of EP Energy Corp (NYSE:EPE) opened at 21.355 on Thursday. EP Energy Corp has a 1-year low of $16.00 and a 1-year high of $23.23. The stock’s 50-day moving average is $21.30 and its 200-day moving average is $19.55. The company has a market cap of $5.250 billion and a price-to-earnings ratio of 9.95.
EP Energy Corp (NYSE:EPE) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.15 by $0.03. On average, analysts predict that EP Energy Corp will post $0.96 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. 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. 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. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $24.77.
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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