EP Energy Corporation (NYSE:EPE) has been assigned a consensus rating of “Hold” from the sixteen brokerages that are covering the company, MarketBeat.com reports. Eight research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $3.80.

Several brokerages have commented on EPE. Royal Bank Of Canada set a $7.00 price target on EP Energy Corporation and gave the stock a “buy” rating in a research note on Saturday, June 17th. ValuEngine upgraded EP Energy Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Scotiabank lowered EP Energy Corporation from a “sector perform” rating to an “underperform” rating and dropped their price target for the stock from $4.00 to $3.00 in a research note on Thursday, June 29th. Citigroup Inc. lowered EP Energy Corporation from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $4.00 to $3.00 in a research note on Friday, July 21st. Finally, BMO Capital Markets restated a “hold” rating and set a $3.00 price target on shares of EP Energy Corporation in a research note on Tuesday, August 8th.

Shares of EP Energy Corporation (NYSE:EPE) traded up 0.36% during mid-day trading on Friday, hitting $2.77. The company’s stock had a trading volume of 948,254 shares. The company’s market cap is $706.35 million. The stock has a 50-day moving average of $3.08 and a 200-day moving average of $3.79. EP Energy Corporation has a 12-month low of $2.70 and a 12-month high of $7.49.

EP Energy Corporation (NYSE:EPE) last announced its quarterly earnings results on Wednesday, August 2nd. The energy producer reported ($0.10) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. The firm had revenue of $296.00 million for the quarter, compared to analyst estimates of $275.99 million. During the same quarter in the prior year, the company earned $0.21 earnings per share.

Several hedge funds and other institutional investors have recently modified their holdings of EPE. OppenheimerFunds Inc. purchased a new stake in shares of EP Energy Corporation in the first quarter worth about $3,349,000. Paloma Partners Management Co boosted its position in shares of EP Energy Corporation by 1,930.1% in the first quarter. Paloma Partners Management Co now owns 696,510 shares of the energy producer’s stock worth $3,309,000 after buying an additional 662,201 shares during the period. JPMorgan Chase & Co. boosted its position in shares of EP Energy Corporation by 8.1% in the first quarter. JPMorgan Chase & Co. now owns 5,260,473 shares of the energy producer’s stock worth $24,988,000 after buying an additional 394,669 shares during the period. Columbia Pacific Advisors LLC boosted its position in shares of EP Energy Corporation by 41.7% in the first quarter. Columbia Pacific Advisors LLC now owns 1,259,086 shares of the energy producer’s stock worth $5,981,000 after buying an additional 370,233 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of EP Energy Corporation in the first quarter worth about $955,000. 70.42% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: “EP Energy Corporation (EPE) Receives Consensus Rating of “Hold” from Analysts” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/10/13/ep-energy-corporation-epe-receives-consensus-rating-of-hold-from-analysts.html.

About EP Energy Corporation

EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Company operates through a base of producing assets. It is involved in the development of its drilling inventory located in three areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas) and the Altamont Field in the Uinta Basin (Northeastern Utah).

Analyst Recommendations for EP Energy Corporation (NYSE:EPE)

Receive News & Stock Ratings for EP Energy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EP Energy Corporation and related stocks with our FREE daily email newsletter.