Brokerage Firm Rating Update on Energen Corporation (EGN)

Energen Corporation (EGN) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 16 equity analysts. Nonetheless, 9 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Energen Corporation (EGN) : The highest level Energen Corporation (EGN) is projected to reach is $69 for the short term and the lowest estimate is at $50. The consolidated price target from 16 rating analysts who initiate coverage on the stock is $61.44 and the possibility the share price can swing is $5.25.


For the current week, the company shares have a recommendation consensus of Buy. Also, Williams Capital Group initiates coverage on Energen Corporation (NYSE:EGN). The shares have now been rated Buy by the stock experts at the ratings house. Williams Capital Group announces the current price target of $68 per share on Energen Corporation. The rating by the firm was issued on August 29, 2016.

Energen Corporation (NYSE:EGN): stock was range-bound between the intraday low of $57.29 and the intraday high of $59.35 after having opened at $59.35 on Wednesdays session. The stock finally closed in the red at $59.35, a loss of -1.12%. The stock remained in the red for the whole trading day. The total traded volume was 1,209,119 shares. The stock failed to cross $59.35 in Wednesdays trading. The stocks closing price on Thursday was $58.73.

Energen Corporation (Energen) is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. The Company has 1.1 billion barrels of oil-equivalent proved, probable, and possible reserves and another 2.2 billion barrels of oil-equivalent contingent resources. These all-domestic reserves and resources are located primarily in the Permian Basin in west Texas. Energen also has operations in the San Juan Basin in northern New Mexico.

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