In a new note to investors yesterday, an analyst has provided a rating update for ECN Capital (ECN). Barclays’ analyst John Aiken reiterates their Buy rating on the shares, with a C$4.50 price target.
According to TipRanks.com, Aiken has currently no stars on a ranking scale of 0-5 stars, with an average return of -2.3% and a 36.7% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Manulife Financial Corp, and National Bank of Canada.
ECN Capital has an analyst consensus of Strong Buy, with a price target consensus of C$4.79, representing a 18.0% upside. In a report released yesterday, National Bank also maintained a Buy rating on the stock with a C$5 price target.
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The company has a one-year high of C$4.03 and a one-year low of C$3.13. Currently, ECN Capital has an average volume of 900.9K.
ECN Capital Corp. provides consumer credit portfolios to more than ninety U.S. financial institutions. The company originates, manages, and advises on prime consumer credit assets for financial institutions offering unsecured and secured consumer portfolio solutions as well as credit card portfolios.
The company’s shares closed on Thursday at C$4.06.
