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QEP Resources Inc (NYSE:QEP) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.

Having a price of $17.09, QEP Resources Inc (NYSE:QEP) traded 0.18% higher on the day. With the last stock price close down 0.05% from the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. QEP has recorded a 50-day moving average of $18.91 and 200-day moving average of $17.10. Volume of trade was was down over the average, with 3,774,919 shares of QEP changing hands under the typical 5,101,920 shares.

Zacks Investment Research has downgraded QEP Resources Inc(NYSE:QEP) to Hold in a report released 9/20/2016.

On 8/3/2016, Barclays Capital reported on QEP Resources Inc(NYSE:QEP) bumped the target price from $17.00 to $22.00 that suggested an upside of 0.24%.

Recent Performance Graphic:

QEP Resources Inc (NYSE:QEP)

A total of 16 equity analysts have issued a research note on QEP. Three analysts rate the company a strong buy, eight analysts rate the company a buy, six firms rate the stock a hold, 0 rate the stock to underperform, and lastly 0 analystsrate the stock as sell with a 12-month target stock price of $21.56

With a total market value of $0.0, QEP Resources Inc has a one-year low of $8.54 and a 52 week high of $20.96 with a PE ratio of 0.

About QEP Resources Inc (NYSE:QEP)

QEP Resources, Inc. (QEP) is a holding company with two subsidiaries, QEP Energy Company and QEP Marketing Company, which are engaged in two primary lines of business: oil and gas exploration and production (QEP Energy), and oil and gas marketing, operation of a gas gathering system and an underground gas storage facility, and corporate activities (QEP Marketing and Other). The Company operates through QEP Energy segment. QEP Energy Company conducts exploration and production (E&P) activities in several of North America’s hydrocarbon resource plays. The Company’s operations are focused in two geographic regions: the Northern Region (primarily in Wyoming, North Dakota and Utah) and the Southern Region (primarily in Texas and Louisiana) of the United States. The Company’s properties in its Northern Region include Pinedale, Williston Basin, Uinta Basin and Other Northern properties. Its Southern Region includes various properties, and such as Permian Basin and Midcontinent operations.

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