ECN Capital (TSE:ECN)‘s stock had its “outperform” rating reissued by investment analysts at BMO Capital Markets in a note issued to investors on Monday. They currently have a C$5.20 target price on the stock. BMO Capital Markets’ target price would suggest a potential upside of 53.39% from the company’s current price.
Several other brokerages have also recently issued reports on ECN. TD Securities reduced their price objective on ECN Capital from C$5.00 to C$4.50 and set a “buy” rating for the company in a report on Friday, December 15th. Raymond James Financial set a C$5.00 price target on ECN Capital and gave the stock an “outperform” rating in a report on Monday, January 8th. Finally, Royal Bank of Canada cut their price target on ECN Capital from C$5.00 to C$4.50 and set an “outperform” rating for the company in a report on Friday, December 15th. Seven equities research analysts have rated the stock with a buy rating, ECN Capital currently has a consensus rating of “Buy” and a consensus target price of C$4.90.
Shares of ECN Capital (TSE:ECN) traded down C$0.01 during mid-day trading on Monday, reaching C$3.39. The company had a trading volume of 355,260 shares, compared to its average volume of 1,590,744. The firm has a market capitalization of $1,290.00 and a PE ratio of -26.15. ECN Capital has a 52-week low of C$3.00 and a 52-week high of C$4.40.
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ECN Capital Company Profile
ECN Capital Corp., an independent financial services company, originates, co-invests in, and manages asset based financing and related service programs in the United States, Canada, and internationally. The company operates through three segments: Rail Finance, Aviation Finance, and Commercial and Vendor Finance.
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