The Encana Corp (ECA) Research Coverage Started at Raymond James Financial, Inc.

The Encana Corp (ECA) Research Coverage Started at Raymond James Financial, Inc.

Several other analysts have also issued reports on the stock. AltaCorp Capital reiterated a sector perform rating on shares of Encana Corp in a research report on Tuesday, May 2nd. TD Securities reiterated a hold rating and set a C$18.00 price target on shares of Encana Corp in a research report on Wednesday, May 3rd. Scotiabank reiterated an underperform rating and set a C$18.00 price target on shares of Encana Corp in a research report on Wednesday, May 3rd. Finally, GMP Securities lowered shares of Encana Corp from a buy rating to a hold rating in a research report on Tuesday, February 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. Encana Corp currently has an average rating of Hold and a consensus target price of C$17.70.

Raymond James Financial, Inc. started coverage on shares of Encana Corp (TSE:ECA) (NYSE:ECA) in a research report released on Wednesday, StockTargetPrices.com reports. The firm issued an outperform rating and a C$20.00 target price on the stock.

Encana Corp (ECA) opened at 13.08 on Wednesday. Encana Corp has a 52-week low of $9.46 and a 52-week high of $18.13. The company’s market cap is $12.73 billion. The company has a 50-day moving average of $14.69 and a 200 day moving average of $15.69. In related news, Director Clayton Woitas bought 12,500 shares of the business’s stock in a transaction on Friday, March 10th. The shares were purchased at an average price of C$14.09 per share, for a total transaction of C$176,125.00. Insiders acquired 26,200 shares of company stock worth $370,896 in the last 90 days.

About Encana Corp 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’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:ECA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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