TD Securities Cuts Encana Corp (ECA) Price Target to C$15.50

Adjust Comment Print

According to the analysts, Encana Corp (NYSE:ECA) is expected to announce $0.04/share EPS for the current quarter. The rating was upgraded by Evercore on Monday, November 23 to "Buy". The percentage of stocks meeting price targets is 55%.

On the other hand Encana Corp (NYSE:ECA) has Relative Strength Index (RSI 14) of 32.06 along with Average True Range (ATR 14) of 0.46. GMP Securities reiterated a "hold" rating and issued a $13.25 target price on shares of Encana Corporation in a report on Friday, March 31st. The firm has "Hold" rating given on Friday, February 17 by TD Securities.

05/31/2017 - Raymond James began new coverage on Encana Corporation giving the company a "outperform" rating. The Return on Investment (ROI) ratio of Encana Corporation (ECA) is -9.6 percent.

Encana Corporation (NYSE:ECA) (TSE:ECA) was downgraded by research analysts at Macquarie from an "outperform" rating to a "neutral" rating in a report released on Wednesday. Encana Corporation has an average rating of "Buy" and an average price target of $13.79. The firm earned "Top Pick" rating on Friday, November 4 by Scotia Capital. Uptrending stocks trade above their moving averages, while downtrending stocks trade below. The stock's market capitalization is $8.49 billion.

Encana Corporation shares decreased -13.58 percent over the past week and fell -25.8 percent over the previous month.

Encana Corporation (NYSE:ECA) (TSE:ECA) last posted its earnings results on Tuesday, May 2nd. The oil and gas company reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.08. During the same period in the prior year, the company posted ($0.15) EPS.

Cornrows and man buns: The Ken doll gets a makeover
Last year Mattel introduced three new body types for Barbie: tall, curvy and petite in addition to new skin tones and hairstyles. You can also pick up a Ken doll in eight hair colors, nine hairstyles, and seven different skin tones.

Encana Corp (NYSE:ECA) has average revenue estimates of $786.43 Million, compared to low analyst estimates of $759 Million and high estimates of $841 Million for the current quarter. Shareholders of record on Thursday, June 15th will be issued a $0.015 dividend. The ex-dividend date is Tuesday, June 13th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.71%. Encana Corporation's payout ratio is now -31.58%.

Encana Corporation (ECA) has been given an average price target of $14.05 from analysts, according to data collected by Finviz. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & worldwide copyright laws. The legal version of this piece of content can be read at https://www.chaffeybreeze.com/2017/06/21/jefferies-group-llc-reiterates-14-00-price-target-for-encana-corp-eca-updated-updated-updated-updated.html.

Institutional investors have recently added to or reduced their stakes in the company.

03/23/2017 - Encana Corporation was upgraded to "buy" by analysts at UBS. The Kazazian Asset Management Llc holds 50,000 shares with $1.10M value, down from 103,576 last quarter. Finally, Commerzbank Aktiengesellschaft FI raised its stake in Encana Corporation by 2.8% in the fourth quarter. FMR LLC boosted its stake in shares of Encana Corporation by 6.3% in the first quarter. Steadfast Capital Management LP now owns 19,974,573 shares of the oil and gas company's stock worth $233,902,000 after buying an additional 2,164,300 shares in the last quarter. Tower Research Capital LLC TRC now owns 18,796 shares of the oil and gas company's stock worth $220,000 after buying an additional 18,211 shares in the last quarter.

The Fund's portfolio of investments include in automobiles; banks; beverages; biotechnology; construction materials; electrical equipment; food and staples retailing; food products; health care providers and services; hotels, restaurants and leisure; household durables; power producers and energy traders; insurance; media; multi-line retail; pharmaceuticals; real estate management and development, transportation infrastructure, and road and rail. The fund owned 14,412 shares of the oil and gas company's stock after selling 1,830 shares during the period.

Comments