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Encana Corp (USA) (NYSE:ECA) has been downgraded to Underperform in a report by Scotia Howard Weill today.

Boasting a price of $9.32, Encana Corp (USA) (NYSE:ECA) traded 5.48% lower on the day. With the last stock close up 20.46% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. ECA has registered a 50-day moving average of $9.48 and two hundred day moving average of $7.74. 43,345,367 shares of the stock exchanged hands, up from ann avg. volume of 11,925,400

Scotia Howard Weill has downgraded Encana Corp (USA)(NYSE:ECA) to Underperform in a report released 9/20/2016.

On 9/12/2016, Nomura reported about Encana Corp (USA)(NYSE:ECA) upped the target price from $12.00 to $15.00. At the time, this indicated a possible upside of 0.46%.

Recent Performance Graph:

Encana Corp (USA) (NYSE:ECA)

In addition to Scotia Howard Weill reporting it’s price target, a total of 25 brokers have released a report on Encana Corp (USA). The one year target price is $9.20 with two analysts rating the stock a strong buy, five firms rating the stock a buy, 13 firms rating the stock a hold, four brokerages rating the stock to underperform, and finally 0 firms rating the company as sell.

Encana Corp (USA) has a one-year low of $3.00 and a one-year high of $10.75 and has a total market value of $0.0.

About 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 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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