Encana Corp (TSE:ECA) had its price objective lifted by equities research analysts at BMO Capital Markets from C$12.00 to C$14.00 in a research report issued on Thursday, StockTargetPrices.com reports. BMO Capital Markets’ price objective indicates a potential downside of 2.91% from the stock’s current price.
Other equities analysts have also recently issued research reports about the stock. Royal Bank Of Canada lifted their price objective on shares of 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 shares of Encana Corp from an “underperform” rating to a “sector perform” rating in a research note on Friday, September 30th. Finally, TD Securities reaffirmed a “buy” rating and issued a C$11.50 price objective on shares of Encana Corp in a research note on Wednesday, August 17th.
Shares of Encana Corp (TSE:ECA) traded down 0.55% during trading on Thursday, reaching $14.34. 3,720,471 shares of the company traded hands. The firm has a 50-day moving average price of $12.88 and a 200-day moving average price of $10.49. The firm’s market capitalization is $12.19 billion. Encana Corp has a 12 month low of $4.14 and a 12 month high of $14.84.
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.
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