EP Energy Corp PT Raised to $26.00 at Topeka Capital Markets (EPE)
Analysts at Topeka Capital Markets lifted their price target on shares of EP Energy Corp (NYSE:EPE) from $25.00 to $26.00 in a research report issued to clients and investors on Friday. Topeka Capital Markets’ price target would suggest a potential upside of 33.47% from the company’s current price.
A number of other analysts have also recently weighed in on EPE. Analysts at Deutsche Bank reiterated a “buy” rating on shares of EP Energy Corp in a research note on Friday, July 18th. They now have a $26.00 price target on the stock, up previously from $24.00. Separately, analysts at Howard Weil raised their price target on shares of EP Energy Corp from $28.00 to $30.00 in a research note on Thursday, July 10th. They now have a “sector outperform” rating on the stock. Finally, 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. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $25.15.
Shares of EP Energy Corp (NYSE:EPE) traded down 2.60% during mid-day trading on Friday, hitting $19.48. The stock had a trading volume of 2,384,698 shares. 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 $21.55 and its 200-day moving average is $19.72. The company has a market cap of $4.789 billion and a P/E ratio of 9.11.
EP Energy Corp (NYSE:EPE) last issued its quarterly earnings data 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 $0.96 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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