Encana Corp (TSE:ECA) had its price objective increased by investment analysts at TD Securities from C$11.50 to C$12.00 in a research report issued on Monday. The firm currently has a “buy” rating on the stock. TD Securities’ price target suggests a potential downside of 13.67% from the company’s previous close.
Other research analysts have also recently issued reports about the company. Royal Bank Of Canada raised their price objective on Encana Corp from C$11.50 to C$12.75 and gave the stock an “outperform” rating in a research note on Monday, September 12th. CIBC raised Encana Corp from an “underperform” rating to a “sector perform” rating in a report on Friday, September 30th.
Shares of Encana Corp (TSE:ECA) opened at 13.90 on Monday. The stock’s 50 day moving average price is $12.82 and its 200 day moving average price is $10.46. The stock’s market capitalization is $11.81 billion. Encana Corp has a one year low of $4.14 and a one year high of $14.25.
Encana Corp Company Profile
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.
Receive News & Ratings for Encana Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Encana Corp and related companies with MarketBeat.com's FREE daily email newsletter.