TD Securities Increases Encana Corp (ECA) Price Target to C$13.00
Encana Corp (TSE:ECA) had its price target upped by equities researchers at TD Securities from C$12.50 to C$13.00 in a report released on Sunday. The firm presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential downside of 9.97% from the stock’s current price.
Several other research firms have also recently commented on ECA. Royal Bank Of Canada reissued a “sector perform” rating and set a C$11.50 price target on shares of Encana Corp in a research note on Thursday, June 23rd. CIBC raised shares of Encana Corp from an “underperform” rating to a “sector perform” rating in a research note on Friday, September 30th. Finally, BMO Capital Markets increased their price target on shares of Encana Corp from C$12.00 to C$14.00 in a research note on Thursday.
Shares of Encana Corp (TSE:ECA) opened at 14.44 on Friday. Encana Corp has a 12-month low of $4.14 and a 12-month high of $14.84. The stock’s 50 day moving average price is $12.97 and its 200 day moving average price is $10.56. The firm’s market cap is $12.27 billion.
Encana Corp Company Profile
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 & Stock 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 stocks with our FREE daily email newsletter.