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QEP Resources (NYSE:QEP) target price increased to $22.00, reported today by Barclays Capital

Yesterday QEP Resources (NYSE:QEP) traded 0.18% higher at $17.78. QEP Resources’s 50-day moving average is $18.91 and its two hundred day moving average is $17.10. The last stock price close is up 0.05% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. Trade volume was was down over the average, with 3,774,919 shares of QEP changing hands under the typical 5,101,920 shares..

QEP Resources (NYSE:QEP) had its price target bumped up to $22 by Barclays Capital in an issued report issued 8/3/2016. The new target price implies a potential upside of 0.24% from the bussiness’ last closing price.

On Thursday July 21 2016, FBR Capital released a statement for QEP Resources(NYSE:QEP) upped the target price from $0.00 to $19.00 that suggested an upside of 0.10%.

See Chart Below:

QEP Resources (NYSE:QEP)

In addition to Barclays Capital reporting it’s target price, a total of 16 brokers have released a research note on QEP. The average target is $21.56 with three firms rating the company a strong buy, eight analysts rating the company a buy, six firms rating the stock a hold, 0 rating the company to underperform, and finally 0 brokerages rating the company as sell.

QEP Resources has a one-year low of $8.54 and a one-year high of $20.96 . QEP’s market capitalization is presently $0.0.

More About QEP Resources (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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