Encore Capital (ECPG) Gets a Buy Rating from Northland Securities


Northland Securities analyst Michael Grondahl maintained a Buy rating on Encore Capital (ECPG) today and set a price target of $40. The company’s shares closed yesterday at $34.04.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 14.5% and a 54.0% success rate. Grondahl covers the Financial sector, focusing on stocks such as Front Yard Residential Corporation, Altisource Portfolio Solutions SA, and Health Insurance Innovations.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Encore Capital with a $39.67 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $41.50 and a one-year low of $20.38. Currently, Encore Capital has an average volume of 286.1K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Encore Capital Group, Inc. engages in the provision of debt management and recovery solutions for consumers and property owners across a broad range of financial assets. It operates through the following geographical segments: United States, International, Europe, and Other. The company was founded in April 1999 and is headquartered in San Diego, CA.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts