A statement released earlier today by Raymond James about ECN Capital Corp (TSE:ECN) bumps the target price to $4.40
- Updated: March 20, 2017
Only yesterday ECN Capital Corp (TSE:ECN) traded 0.29% higher at $3.49. The company’s 50-day moving average is $3.34 and its 200-day moving average is $3.16. The last stock close price is up 10.85% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 2,466,704 shares of ECN traded hands, up from an avg. volume of 1,744,040
Stating a possible upside of 0.26%, Raymond James raised the target price of ECN Capital Corp (TSE:ECN) to $4.40
Previously on 3/8/2017, Scotia Capital reported on ECN Capital Corp (TSE:ECN) increased the target price from $0.00 to $4.50 that suggested an upside of 0.30%.
Recent Performance Chart
With a total market value of $0, ECN Capital Corp has price-earnings ratio of 43.75 with a one year low of $2.60 and a one year high of $3.70 .
A total of 12 brokerages have issued a ratings update on the company. 0 brokers rating the stock a strong buy, 0 analysts rating the company a buy, zero analysts rating the company a hold, 0 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $3.42.
Brief Synopsis About ECN Capital Corp (TSE:ECN)
ECN Capital Corp is a Canada-based independent commercial finance company. The Company operates across North America in the following verticals of the commercial finance market: Rail Finance, Commercial and Vendor (C&V) Finance, and Commercial Aviation Finance. Through its C&V vertical, the Company provides financing and leasing solutions to manufacturers, dealers, distributors and end-users of capital equipment across a range of industries such as food service, transportation, construction, manufacturing, healthcare, office equipment and technology products. Through its Rail and Commercial Aviation verticals, ECN Capital Corp is focused on originating, arranging, funding, structuring and managing portfolios of finance assets secured by leased equipment in these transportation industries.
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