Encana Corp (ECA) Given New C$13.00 Price Target at TD Securities
Encana Corp (TSE:ECA) had its price objective boosted by investment analysts at TD Securities from C$12.50 to C$13.00 in a report issued on Sunday, StockTargetPrices.com reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target indicates a potential downside of 9.97% from the company’s current price.
A number of other research analysts have also recently weighed in on ECA. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$11.50 price objective on shares of Encana Corp in a research report on Thursday, June 23rd. CIBC raised Encana Corp from an “underperform” rating to a “sector perform” rating in a research report on Friday, September 30th. Finally, BMO Capital Markets lifted their price objective on Encana Corp from C$12.00 to C$14.00 in a research report on Thursday.
Shares of Encana Corp (TSE:ECA) opened at 14.44 on Friday. The stock’s market cap is $12.27 billion. Encana Corp has a 52 week low of $4.14 and a 52 week high of $14.84. The firm has a 50-day moving average price of $12.97 and a 200 day moving average price of $10.56.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/09/encana-corp-eca-given-new-c13-00-price-target-at-td-securities.html
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.
Receive News & Ratings for Encana Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Encana Corp and related companies with MarketBeat.com's FREE daily email newsletter.