Shares of QEP Resources Inc (NYSE:QEP) have received a consensus recommendation of “Hold” from the twenty-one analysts that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $12.59.
QEP has been the topic of a number of analyst reports. Piper Jaffray Companies reiterated a “buy” rating and issued a $12.00 price target on shares of QEP Resources in a research report on Sunday, October 22nd. Zacks Investment Research upgraded QEP Resources from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research report on Tuesday, December 26th. Williams Capital initiated coverage on QEP Resources in a research report on Friday, December 8th. They issued a “buy” rating and a $13.00 price target on the stock. Mizuho upgraded QEP Resources from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 21st. Finally, BMO Capital Markets set a $11.00 target price on QEP Resources and gave the company a “buy” rating in a research report on Tuesday, November 14th.
Shares of QEP Resources (QEP) opened at $7.51 on Friday. QEP Resources has a 52-week low of $7.02 and a 52-week high of $17.58. The company has a market capitalization of $1,845.56, a PE ratio of -125.15, a price-to-earnings-growth ratio of 8.45 and a beta of 1.72. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.55 and a quick ratio of 1.54.
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QEP Resources Company Profile
QEP Resources, Inc is an independent crude oil and natural gas exploration and production company. The Company focuses on two regions of the United States: the Northern Region (primarily in North Dakota, Wyoming and Utah) and the Southern Region (primarily in Texas and Louisiana). The Company conducts exploration and production activities in North America’s hydrocarbon resource plays.
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