Raymond James Financial Weighs in on Ecn Capital Corp’s FY2016 Earnings (ECN)
Ecn Capital Corp (TSE:ECN) – Raymond James Financial lowered their FY2016 earnings estimates for Ecn Capital Corp in a note issued to investors on Tuesday. Raymond James Financial analyst M. Overvelde now forecasts that the firm will post earnings per share of $0.29 for the year, down from their prior estimate of $0.30. Raymond James Financial also issued estimates for Ecn Capital Corp’s Q4 2016 earnings at $0.07 EPS, Q2 2017 earnings at $0.10 EPS, Q4 2017 earnings at $0.11 EPS, FY2017 earnings at $0.41 EPS, Q3 2018 earnings at $0.08 EPS and FY2018 earnings at $0.36 EPS.
Other equities research analysts have also issued reports about the company. Scotiabank dropped their target price on Ecn Capital Corp from C$4.40 to C$4.25 and set an “outperform” rating on the stock in a research report on Tuesday. TD Securities increased their target price on Ecn Capital Corp from C$4.25 to C$4.50 and gave the stock a “buy” rating in a research report on Tuesday. Barclays PLC set a C$4.00 target price on Ecn Capital Corp and gave the stock an “overweight” rating in a research report on Tuesday, October 4th. CSFB reissued a “neutral” rating and issued a C$4.00 price target on shares of Ecn Capital Corp in a research note on Tuesday, October 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a C$4.25 price target on shares of Ecn Capital Corp in a research note on Tuesday, October 4th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$4.41.
Ecn Capital Corp (TSE:ECN) opened at 2.69 on Wednesday. Ecn Capital Corp has a 52 week low of $2.60 and a 52 week high of $3.59. The firm has a market cap of $821.07 million and a P/E ratio of 7.27. The company has a 50-day moving average of $3.03 and a 200 day moving average of $3.03.
Receive News & Stock Ratings for Ecn Capital Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecn Capital Corp and related stocks with our FREE daily email newsletter.