Eclipse Resources Corp Given Consensus Recommendation of “Buy” by Brokerages (NYSE:ECR)
Eclipse Resources Corp (NYSE:ECR) has received an average recommendation of “Buy” from the thirteen analysts that are presently covering the company, AnalystRatings.NET reports. One analyst has rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $29.20.
Several analysts have recently commented on the stock. Analysts at Johnson Rice initiated coverage on shares of Eclipse Resources Corp in a research note on Thursday. They set an “overweight” rating on the stock. Separately, 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. Finally, 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.
Shares of Eclipse Resources Corp (NYSE:ECR) opened at 22.06 on Tuesday. Eclipse Resources Corp has a 1-year low of $21.70 and a 1-year high of $27.18. The stock’s 50-day moving average is $24.17 and its 200-day moving average is $24.17. The company’s market cap is $3.530 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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