EP Energy Corp’s Buy Rating Reaffirmed at Deutsche Bank (EPE)
EP Energy Corp (NYSE:EPE)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued on Tuesday. They currently have a $25.00 price objective on the stock, up from their previous price objective of $24.00. Deutsche Bank’s price target would suggest a potential upside of 31.23% from the stock’s previous close.
A number of other analysts have also recently weighed in on EPE. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of EP Energy Corp in a research note on Monday. They now have a $24.00 price target on the stock, up previously from $23.50. Separately, analysts at Topeka Capital Markets raised their price target on shares of EP Energy Corp from $25.00 to $26.00 in a research note on Friday, August 1st. Finally, 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. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $25.54.
EP Energy Corp (NYSE:EPE) traded down 1.84% on Tuesday, hitting $18.70. 563,813 shares of the company’s stock traded hands. EP Energy Corp has a 52 week low of $16.00 and a 52 week high of $23.23. The stock’s 50-day moving average is $21.0 and its 200-day moving average is $19.74. The company has a market cap of $4.596 billion and a price-to-earnings ratio of 27.57.
EP Energy Corp (NYSE:EPE) last released its earnings data on Wednesday, August 6th. The company reported $0.23 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 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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