Eclipse Resources Corp Coverage Initiated at Johnson Rice (ECR)
A number of other firms have also recently commented on ECR. Analysts at Capital One Financial Corp. initiated coverage on shares of Eclipse Resources Corp in a research note on Wednesday. They set an “overweight” rating and a $28.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Eclipse Resources Corp in a research note on Wednesday. They set an “overweight” rating and a $31.00 price target on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of Eclipse Resources Corp in a research note on Tuesday. They set a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $29.20.
Shares of Eclipse Resources Corp (NYSE:ECR) traded up 0.54% during mid-day trading on Thursday, hitting $22.14. 778,072 shares of the company’s stock traded hands. Eclipse Resources Corp has a 52-week low of $21.97 and a 52-week high of $27.18. The stock’s 50-day moving average is $24.4 and its 200-day moving average is $24.4. The company’s market cap is $3.542 billion.
Eclipse Resources Corporation is an independent exploration and production company engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin.
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