Eclipse Resources Corp Price Target Lowered to $27.00 at Barclays (ECR)
Stock analysts at Barclays cut their price target on shares of Eclipse Resources Corp (NYSE:ECR) from $31.00 to $27.00 in a report issued on Thursday. Barclays’ target price indicates a potential upside of 45.24% from the stock’s previous close.
Eclipse Resources Corp (NYSE:ECR) opened at 18.59 on Thursday. Eclipse Resources Corp has a 52 week low of $18.23 and a 52 week high of $27.18. The stock’s 50-day moving average is $21.33 and its 200-day moving average is $22.04. The company’s market cap is $2.974 billion.
ECR has been the subject of a number of other recent research reports. Analysts at SunTrust raised their price target on shares of Eclipse Resources Corp from $3.00 to $22.00 in a research note on Monday. Finally, analysts at Johnson Rice initiated coverage on shares of Eclipse Resources Corp in a research note on Thursday, July 17th. They set an “overweight” rating on the stock. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Eclipse Resources Corp presently has an average rating of “Buy” and a consensus price target of $28.18.
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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