Credit Suisse Starts Energen (EGN) at Outperform

Credit Suisse initiates coverage on Energen (NYSE: EGN) with a Outperform rating and a price target of $43.00.

Analyst M. Lear commented, "EGN currently trades at a 15% discount to our target price of $43 compared to the group at a 15% discount. EGN's mixture of balance sheet strength, attractive valuation, and large inventory runway drives our Outperform rating."

For an analyst ratings summary and ratings history on Energen click here. For more ratings news on Energen click here.

Shares of Energen closed at $36.59 yesterday.

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