Eclipse Resources Corporation (NYSE:ECR) has been assigned a $2.50 target price by Barclays PLC in a report released on Wednesday. The firm presently has a “hold” rating on the energy producer’s stock. Barclays PLC’s price target suggests a potential upside of 0.40% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada restated a “buy” rating and set a $3.50 target price on shares of Eclipse Resources Corporation in a report on Friday, September 15th. BidaskClub upgraded Eclipse Resources Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Seaport Global Securities cut Eclipse Resources Corporation from a “buy” rating to a “neutral” rating and lowered their target price for the company from $3.25 to $2.75 in a report on Wednesday, June 21st. BMO Capital Markets set a $3.00 target price on Eclipse Resources Corporation and gave the company a “hold” rating in a report on Tuesday. Finally, ValuEngine upgraded Eclipse Resources Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $2.96.

Eclipse Resources Corporation (ECR) traded down 0.80% during mid-day trading on Wednesday, hitting $2.49. The company had a trading volume of 425,614 shares. Eclipse Resources Corporation has a 52-week low of $1.60 and a 52-week high of $3.66. The company’s market capitalization is $654.22 million. The company has a 50-day moving average price of $2.40 and a 200 day moving average price of $2.42.

TRADEMARK VIOLATION WARNING: This report was originally published by American Banking News and is owned by of American Banking News. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/10/11/eclipse-resources-corporation-ecr-pt-set-at-2-50-by-barclays-plc.html.

In other news, COO Oleg E. Tolmachev sold 20,000 shares of Eclipse Resources Corporation stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $2.57, for a total value of $51,400.00. Following the completion of the transaction, the chief operating officer now owns 423,920 shares in the company, valued at approximately $1,089,474.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Voya Investment Management LLC boosted its stake in shares of Eclipse Resources Corporation by 83.3% in the 2nd quarter. Voya Investment Management LLC now owns 38,699 shares of the energy producer’s stock valued at $111,000 after buying an additional 17,591 shares during the period. New York State Common Retirement Fund boosted its stake in shares of Eclipse Resources Corporation by 27.5% in the 2nd quarter. New York State Common Retirement Fund now owns 56,100 shares of the energy producer’s stock valued at $160,000 after buying an additional 12,099 shares during the period. UBS Asset Management Americas Inc. boosted its stake in shares of Eclipse Resources Corporation by 99.3% in the 1st quarter. UBS Asset Management Americas Inc. now owns 57,000 shares of the energy producer’s stock valued at $145,000 after buying an additional 28,400 shares during the period. Virtu KCG Holdings LLC boosted its stake in shares of Eclipse Resources Corporation by 474.2% in the 2nd quarter. Virtu KCG Holdings LLC now owns 64,394 shares of the energy producer’s stock valued at $184,000 after buying an additional 53,179 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Eclipse Resources Corporation by 63.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 83,920 shares of the energy producer’s stock valued at $240,000 after buying an additional 32,583 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

About Eclipse Resources Corporation

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Analyst Recommendations for Eclipse Resources Corporation (NYSE:ECR)

Receive News & Ratings for Eclipse Resources Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eclipse Resources Corporation and related companies with MarketBeat.com's FREE daily email newsletter.