Equities research analysts at McNicoll Lewis & Vlak initiated coverage on shares of EV Energy (NASDAQ: EVEP) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at MLV & Co initiated coverage on shares of EV Energy in a research note to investors on Tuesday. They set a “hold” rating on the stock. Analysts at Global Hunter Securities initiated coverage on shares of EV Energy in a research note to investors on Tuesday, April 17th. They set a “buy” rating and a $83.00 price target on the stock.
Shares of EV Energy opened at 53.21 on Tuesday. EV Energy has a one year low of $47.70 and a one year high of $77.96. The company has a market cap of $2.252 billion and a P/E ratio of 12.44.
EV Energy last issued its quarterly earnings data on Wednesday, May 9th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.18. The company’s revenue for the quarter was up 27.4% on a year-over-year basis. On average, analysts predict that EV Energy will post $0.47 earnings per share next quarter.
EV Energy Partners, L.P. is engaged in the acquisition, development and production of oil and natural gas properties.