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UPDATE: Canaccord Initiates EPL Oil & Gas at Hold Citing Full Valuation


In a report published on Wednesday, Canaccord analyst Stephen Berman initiated EPL Oil & Gas (NYSE: EPL) at a Hold Rating and a price target of $35.

In the report, Canaccord noted, "As a result of several smart acquisitions beginning in 2011, which doubled the size of the company, and a focus on execution with the drill bit, EPL has transitioned to a production profile approaching 80% oil, from one that was less than 50% as recently as 2010.".

EPL Oil & Gas closed on Tuesday at $32.55.

Latest Ratings for EPL

Apr 2014DowngradesMarket Perform
Mar 2014DowngradesOutperformMarket Perform
Mar 2014DowngradesBuyHold

View More Analyst Ratings for EPL
View the Latest Analyst Ratings

Posted-In: Canaccord Stephen BermanAnalyst Color Initiation Analyst Ratings


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