Breaking Finance News

Encana Corp (USA) (NYSE:ECA) target price raised to $14.00, reported today by Barclays PLC

Encana Corp (USA) (NYSE:ECA) had its target price raised to $14.00 by Barclays PLC in a report released 10/11/2016. The new target price indicates a possible upside of 0.25% based on the company's last stock close price.

Yesterday Encana Corp (USA) (NYSE:ECA) traded -0.09% lower at $11.20. The company’s 50-day moving average is $9.94 and its 200-day moving average is $8.20. The last stock close price is up 35.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,095,967 shares of the stock traded hands, down from an average trading volume of 16,478,500

See Chart Below

Encana Corp (USA) (NYSE:ECA)

Encana Corp (USA) has a 52 week low of $3.00 and a 52 week high of $11.31 The company’s market cap is currently $0.

In addition to Barclays PLC reporting its target price, a total of 25 firms have reported on the stock. The consensus target price is $9.20 with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 13 brokers rating the stock a hold, four equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis 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 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.