Encana Corp (ECA) PT Raised to C$14.00 at Royal Bank Of Canada
Encana Corp (TSE:ECA) had its price target boosted by equities researchers at Royal Bank Of Canada from C$13.00 to C$14.00 in a research report issued on Wednesday, StockTargetPrices.com reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 16.28% from the company’s current price.
Separately, TD Securities reissued a “buy” rating and set a C$11.50 target price on shares of Encana Corp in a research note on Wednesday, August 17th.
Shares of Encana Corp (TSE:ECA) traded up 1.83% during mid-day trading on Wednesday, hitting $12.26. The stock had a trading volume of 2,299,272 shares. The stock’s market cap is $10.42 billion. The stock has a 50-day moving average price of $12.40 and a 200 day moving average price of $10.08. Encana Corp has a 52 week low of $4.14 and a 52 week high of $13.87.
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About Encana Corp
Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America.
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