Ecn Capital Corp (TSE:ECN)‘s stock had its “outperform” rating reiterated by investment analysts at CIBC in a research report issued to clients and investors on Wednesday. They currently have a C$4.50 price target on the stock. CIBC’s price objective would suggest a potential upside of 34.73% from the stock’s previous close.
A number of other brokerages have also commented on ECN. CSFB reiterated a “neutral” rating and issued a C$4.00 price objective on shares of Ecn Capital Corp in a research report on Tuesday. BMO Capital Markets increased their price objective on Ecn Capital Corp from C$4.60 to C$4.80 and gave the company an “outperform” rating in a research report on Tuesday. Barclays PLC set a C$4.00 price objective on Ecn Capital Corp and gave the company an “overweight” rating in a research report on Tuesday. GMP Securities reiterated a “buy” rating and issued a C$5.00 price objective on shares of Ecn Capital Corp in a research report on Monday. Finally, Scotiabank reissued an “outperform” rating and issued a C$4.00 price target on shares of Ecn Capital Corp in a research note on Thursday, September 29th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Ecn Capital Corp presently has an average rating of “Buy” and an average target price of C$4.40.
Shares of Ecn Capital Corp (TSE:ECN) opened at 3.34 on Wednesday. Ecn Capital Corp has a 12 month low of $3.18 and a 12 month high of $3.59. The stock’s 50 day moving average price is $3.38 and its 200-day moving average price is $3.38.
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