ECN Capital (TSE:ECN) PT Set at C$3.25 by Royal Bank Of Canada

Key Points

• Royal Bank Of Canada has set a target price of C$3.25 for ECN Capital, indicating a potential upside of 15.66% from its previous close.
• Raymond James Financial downgraded ECN Capital's rating from "moderate buy" to "hold," also setting a price target of C$3.25.
• ECN Capital's shares have traded down 1.1%, reaching C$2.81 with an average target price consensus of C$3.38 from analysts.

ECN Capital (TSE:ECN - Get Free Report) received a C$3.25 target price from equities researchers at Royal Bank Of Canada in a report released on Wednesday,BayStreet.CA reports. The brokerage presently has a "sector perform" rating on the stock. Royal Bank Of Canada's price objective suggests a potential upside of 15.66% from the stock's previous close.

Separately, Raymond James Financial lowered shares of ECN Capital from a "moderate buy" rating to a "hold" rating and set a C$3.25 price target for the company. in a research report on Friday, August 8th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of C$3.38.

ECN Capital Trading Down 1.1%

Shares of TSE ECN traded down C$0.03 during midday trading on Wednesday, reaching C$2.81. 44,125 shares of the stock were exchanged, compared to its average volume of 150,334. The stock has a 50 day moving average price of C$2.96 and a 200-day moving average price of C$2.82. The company has a current ratio of 13.28, a quick ratio of 3.81 and a debt-to-equity ratio of 304.13. The company has a market capitalization of C$790.96 million, a P/E ratio of 103.48, a P/E/G ratio of 0.24 and a beta of 1.37. ECN Capital has a 52-week low of C$2.06 and a 52-week high of C$3.52.

ECN Capital Company Profile

ECN Capital Corp is a financial business service provider. It originates, structures and manages financial products and provides advisory services for financial institutions. The company's operating segment includes Service Finance - Home Improvement Loans; KG - Consumer Credit Card Portfolios and Related Financial Products; Triad Financial Services - Manufactured Home Loans and Corporate.

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