Trade Report: The Encana Corp (ECA) Given New C$13.00 Price Target at TD Securities

The Encana Corp (ECA) Given New C$13.00 Price Target at TD Securities

Encana Corp (TSE:ECA) had its price objective boosted by investment analysts at TD Securities from C$12.50 to C$13.00 in a report issued on Sunday, StockTargetPrices.com reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target indicates a potential downside of 9.97% from the company’s current price.

A number of other research analysts have also recently weighed in on ECA. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$11.50 price objective on shares of Encana Corp in a research report on Thursday, June 23rd. CIBC raised Encana Corp from an “underperform” rating to a “sector perform” rating in a research report on Friday, September 30th. Finally, BMO Capital Markets lifted their price objective on Encana Corp from C$12.00 to C$14.00 in a research report on Thursday.

Shares of Encana Corp (TSE:ECA) opened at 14.44 on Friday. The stock’s market cap is $12.27 billion. Encana Corp has a 52 week low of $4.14 and a 52 week high of $14.84. The firm has a 50-day moving average price of $12.97 and a 200 day moving average price of $10.56.

10/09/encana-corp-eca-given-new-c13-00-price-target-at-td-securities.html

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