Shares of ECN Capital Corp (TSE:ECN) have been given a consensus recommendation of “Buy” by the ten analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$4.73.

A number of brokerages have recently issued reports on ECN. TD Securities dropped their target price on shares of ECN Capital Corp from C$5.00 to C$4.75 and set a “buy” rating on the stock in a report on Thursday. Scotiabank upped their target price on shares of ECN Capital Corp from C$4.50 to C$5.00 and gave the company an “outperform” rating in a report on Wednesday, August 9th. Royal Bank Of Canada upped their target price on shares of ECN Capital Corp from C$4.50 to C$5.00 and gave the company an “outperform” rating in a report on Friday, June 9th. National Bank Financial upped their target price on shares of ECN Capital Corp from C$4.75 to C$5.00 and gave the company an “outperform” rating in a report on Friday, June 9th. Finally, Raymond James Financial, Inc. upped their target price on shares of ECN Capital Corp from C$4.40 to C$4.75 and gave the company an “outperform” rating in a report on Friday, May 12th.

Shares of ECN Capital Corp (ECN) traded down 1.30% during midday trading on Friday, hitting $3.80. The stock had a trading volume of 1,089,187 shares. The company’s 50 day moving average price is $3.95 and its 200-day moving average price is $3.69. The firm has a market capitalization of $1.48 billion and a PE ratio of 5.30. ECN Capital Corp has a 1-year low of $2.60 and a 1-year high of $4.11.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be issued a $0.01 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.04 annualized dividend and a yield of 1.05%.

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In other ECN Capital Corp news, Director Donna Elizabeth Toth bought 15,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were purchased at an average price of C$3.92 per share, for a total transaction of C$58,800.00. Also, Director William Wayne Lovatt bought 100,000 shares of the firm’s stock in a transaction on Friday, May 26th. The shares were acquired at an average price of C$3.80 per share, for a total transaction of C$380,000.00. Over the last three months, insiders acquired 167,000 shares of company stock worth $684,100.

About ECN Capital Corp

ECN Capital Corp., an independent financial services company, originates, co-invests in, and manages asset based financing and related service programs in the United States, Canada, and internationally. The company operates through three segments: Rail Finance, Aviation Finance, and Commercial and Vendor Finance.

Analyst Recommendations for ECN Capital Corp (TSE:ECN)

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