EP Energy (NYSE:EPE) has been assigned an average rating of “Hold” from the eighteen analysts that are presently covering the company, Marketbeat.com reports. Eight analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $2.88.
EPE has been the topic of several analyst reports. Zacks Investment Research upgraded EP Energy from a “hold” rating to a “buy” rating and set a $2.75 target price on the stock in a research report on Friday, January 19th. ValuEngine downgraded EP Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, March 17th. Wells Fargo lowered their target price on EP Energy from $3.00 to $2.00 and set a “market perform” rating on the stock in a research report on Monday, March 19th. Royal Bank of Canada set a $3.00 target price on EP Energy and gave the company a “hold” rating in a research report on Wednesday, December 20th. Finally, Robert W. Baird lifted their target price on EP Energy from $2.00 to $5.00 and gave the company an “outperform” rating in a research report on Tuesday, January 2nd.
Shares of EPE stock traded down $0.13 on Friday, reaching $1.33. The stock had a trading volume of 617,090 shares, compared to its average volume of 776,520. The company has a market cap of $352.30, a P/E ratio of -3.51 and a beta of 3.92. EP Energy has a 1 year low of $1.26 and a 1 year high of $5.27. The company has a debt-to-equity ratio of 10.26, a current ratio of 1.04 and a quick ratio of 1.00.
A number of large investors have recently bought and sold shares of EPE. SG Americas Securities LLC bought a new stake in EP Energy during the third quarter valued at about $160,000. Deutsche Bank AG raised its holdings in EP Energy by 181.4% during the fourth quarter. Deutsche Bank AG now owns 107,821 shares of the energy producer’s stock valued at $254,000 after acquiring an additional 69,509 shares during the period. Millennium Management LLC raised its holdings in EP Energy by 162.3% during the fourth quarter. Millennium Management LLC now owns 118,026 shares of the energy producer’s stock valued at $279,000 after acquiring an additional 73,026 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in EP Energy by 207.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 186,220 shares of the energy producer’s stock valued at $440,000 after acquiring an additional 125,720 shares during the period. Finally, Spark Investment Management LLC raised its holdings in EP Energy by 17.1% during the fourth quarter. Spark Investment Management LLC now owns 391,477 shares of the energy producer’s stock valued at $923,000 after acquiring an additional 57,077 shares during the period. 69.95% of the stock is currently owned by institutional investors and hedge funds.
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EP Energy Company Profile
EP Energy Corporation, an independent exploration and production company, engages in the exploration for and the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States. The company has interests in three primary areas, such as the Permian basin in West Texas; the Eagle Ford Shale in South Texas; and the Altamont Field in the Uinta basin in Northeastern Utah.
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