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Energen (NYSE:EGN) target price raised to $60.00, reported today by Barclays

Reporting a possible upside of 0.11%, Barclays upped the target stock price of Energen (NYSE:EGN) to $60.

Previously on 8/10/2016, Wunderlich Securities reported on Energen(NYSE:EGN) raised the target price from $60.00 to $63.00 that suggested an upside of 0.19%.

Just yesterday Energen (NYSE:EGN) traded 0.99% higher at $54.21. The company’s 50-day average is $53.62 and its 200-day moving average is $44.73. With the last stock price close up 18.10% relative to the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the same time. 1,674,157 shares of the stock traded, up from ann avg. volume of 1,225,600.

Recent Performance Graph:

Energen (NYSE:EGN)

Energen has a one-year low of $20.76 and a 52 week high of $61.98 . The company’s total market value is presently $0.0.

A total of 26 analysts have reported on EGN. Two analysts rate the stock a strong buy, 14 analysts rate the stock a buy, 11 analyts rate the stock a hold, 0 rate the stock to underperform, and finally 0 firmsrate the company as sell with a one year target of $53.81

More About Energen (NYSE:EGN)

Energen Corporation (Energen) is an oil and natural gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas properties and natural gas in the Permian Basin in west Texas and the San Juan Basin in New Mexico. It is focused on increasing its oil, natural gas liquids and natural gas production and proved reserves through active development and/or exploratory programs in the Permian Basin. All of its reserves are located in the Permian Basin in west Texas, and the San Juan Basin in New Mexico. Its development activities have added over 300 million barrels of oil equivalent of reserves from the drilling of approximately 880 gross development, exploratory and service wells (including over one sidetrack well), and over 150 well recompletions and pay-adds. The Company’s operations are conducted through its subsidiary, and Energen Resources Corporation (Energen Resources).

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