Zacks Investment Research disclosed Encana Corp (USA) (NYSE:ECA), bumping up its stock price target to $11.00 today
- Updated: September 20, 2016
In a report announced on 09/20/2016 Zacks Investment Research raised the target price of Encana Corp (USA) (NYSE:ECA) to $11.00 indicating a possible upside of 0.18%.
On Monday September 12, 2016, Nomura released a statement on Encana Corp (USA) (NYSE:ECA) upped the target price from $12.00 to $15.00 that suggested an upside of 0.46%.
Having a price of $9.32, Encana Corp (USA) (NYSE:ECA) traded -5.48% lower on the day. With the last close up 20.46% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. ECA has recorded a 50-day average of $9.48 and a two hundred day average of $7.74. Trade Volume was up over the average, with 43,345,367 shares of ECA changing hands over the typical 11,925,400
Recent Performance Chart
Encana Corp (USA) has with a one year low of $3.00 and a one year high of $10.75 and has a market capitalization of $0.
A total of 25 brokerages have issued a ratings update on Encana Corp (USA). Two brokerages rating the company a strong buy, five brokerages rating the company a buy, thirteen brokerages rating the company a hold, four brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $9.20.
General Company Details For 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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