One Stock Analysts Are Watching - Encana Corporation (NYSE:ECA)

A number of other equities analysts have also recently weighed in on the company. GMP Securities restated a "hold" rating and issued a $13.25 target price on shares of Encana Corp in a research report on Friday, March 31st. Analysts have placed a $14.5 price target on Encana Corporation, suggesting a 30.04% gain from recent close. Scotia Capital Inc sold 1.16M shares as the company's stock rose 10.03% with the market. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The stock will be uptrending if it is being traded above its moving averages and downtrending if it is being traded below. The firm has "Buy" rating given on Wednesday, August 19 by Evercore.

Basically, a price target is an individual analyst's projection on the future price of a stock.

The share price of Encana Corporation (NYSE:ECA) was up +4.81% during the last trading session, with a day high of 11.44. (NASDAQ:CHRW). Commonwealth Of Pennsylvania School Empls Retrmt Systems invested in 8,118 shares or 0.01% of the stock.

The stock's 50 day moving average is 11.22 and its 200 day moving average is 11.71. The company has market cap of $11.06 billion. Canaccord Genuity reiterated a "buy" rating and issued a $14.00 price objective on shares of Encana Corp in a report on Saturday, March 11th. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Encana Corporation (ECA), we will discuss a few. This is an increase of 598% compared to the typical volume of 2,990 call options. Jefferies Group analyst Z. Parham forecasts that the company will post earnings per share of $0.08 for the quarter. Encana Corp had a positive return on equity of 1.79% and a negative net margin of 40.77%. The Lower end of the earnings estimate is $0, while the higher end of the earnings estimate is $0.08. During the same period a year ago, the firm earned ($0.15) earnings per share.

03/23/2017 - Encana Corporation was upgraded to "buy" by analysts at UBS.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be given a $0.015 dividend. The ex-dividend date of this dividend is Tuesday, June 13th.

Ridley Scott Evolves 'Alien' with 'Covenant'
With Prometheus , audiences were turned off by the movie's bleak, pretentiousness as Scott and crew pondered the meaning of life . And you're giving him a tour around the spaceship: 'Yeah, this is where we do this, and this is where this happens.' It was nuts.

Annual Dividend Yield of Encana Corporation (ECA) stands at 0.54%. The stock sank -4.78% last month and is down -4.89 this year. The stock was purchased at an average cost of $10.65 per share, with a total value of $130,995.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have bought 29,600 shares of company stock worth $422,304.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. The stock has actually grown in the past week, as the company has gathered a 6.17% return in the past 5 trading days. FCG Advisors LLC acquired a new stake in Encana Corp during the third quarter worth $105,000. The last session's volume of 9.27 million shares was lower than its average volume of 10.38 million shares. Capstone Asset Management Co. now owns 81,900 shares of the oil and gas company's stock worth $959,000 after buying an additional 670 shares during the period.

On Thursday, February 23rd, Douglas James Suttles bought 1,000 shares of Encana Corp stock.

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays.

The company has been one of the biggest innovators in "Major Integrated Oil & Gas" employing approximately 2200 full time employees.

Related Articles