ECN Capital Corp. (OTCMKTS:ECNCF) Receives $10.17 Consensus Target Price from Brokerages

ECN Capital Corp. (OTCMKTS:ECNCF – Get Rating) has earned a consensus rating of “Buy” from the nine analysts that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $10.17.

A number of equities research analysts have weighed in on ECNCF shares. Royal Bank of Canada lifted their price objective on ECN Capital from C$7.00 to C$7.50 in a report on Monday, May 16th. TD Securities boosted their price target on ECN Capital from C$7.50 to C$8.00 in a research note on Tuesday, May 10th.

Shares of ECNCF opened at $4.56 on Wednesday. ECN Capital has a twelve month low of $3.57 and a twelve month high of $10.00. The stock’s 50 day moving average is $4.88 and its two-hundred day moving average is $5.53.

About ECN Capital (Get Rating)

ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios in North America. It operates through Secured Consumer Loans – Triad Financial Services and Source One; and Consumer Credit Card and Related Unsecured Consumer Loans – KG segments. The company provides secured consumer loan portfolios, including manufactured home, marine, and recreational vehicle loans; and consumer credit card portfolios that are focused on co-branded credit cards and related financial products.

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