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AltaCorp Capital upgraded Encana Corp (USA) (NYSE:ECA) to Sector Perform in a statement released earlier today.

AltaCorp Capital has upgraded Encana Corp (USA) (NYSE:ECA) to Sector Perform in a statement released on 10/06/2016.

On 10/6/2016, Credit Suisse Group AG released a statement for Encana Corp (USA) (NYSE:ECA) upped the target price from $0.00 to $14.00. At the time, this indicated a possible upside of 0.28%.

Having a price of $10.73, Encana Corp (USA) (NYSE:ECA) traded 0.42% higher on the day. With the last stock price up 33.10% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Encana Corp (USA) has recorded a 50-day moving average of $9.90 and a 200-day moving average of $8.10. 5,801,301 shares of the stock traded hands, down from an average trading volume of 16,286,800

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Encana Corp (USA) (NYSE:ECA)

With a market capitalization of $0, Encana Corp (USA) has 52 week low of $3.00 and a 52 week high of $11.23 .

A total of 25 brokerages have reported on the stock. Two analysts rating the company a strong buy, five equity analysts rating the company a buy, thirteen analysts rating the company a hold, four brokers rating the stock a underperform, and finally zero firms rating the stock a sell with a consensus target of $9.20.

Brief Synopsis On Encana Corp (USA) (NYSE:ECA)

Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company's operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Company operates through three segments: Canadian Operations, USA Operations and Market optimization. The Company's Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. Market Optimization segment is responsible for the sale of the Company's production and managing the associated netback price. Market Optimization sells the Company's upstream production to third-party customers.

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