ECN Capital (TSE:ECN – Get Free Report) had its price objective upped by equities researchers at National Bankshares from C$2.00 to C$2.25 in a report released on Monday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 8.17% from the stock’s current price.
A number of other equities research analysts have also issued reports on ECN. TD Securities cut their target price on shares of ECN Capital from C$2.75 to C$2.00 and set a “hold” rating on the stock in a research note on Friday, May 3rd. CIBC upped their price objective on ECN Capital from C$1.90 to C$2.00 in a research note on Friday, May 10th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, ECN Capital presently has a consensus rating of “Hold” and a consensus price target of C$2.33.
ECN Capital Stock Up 0.5 %
Insiders Place Their Bets
In other news, Director Karen Lynne Martin purchased 25,000 shares of the stock in a transaction dated Friday, May 17th. The stock was acquired at an average price of C$1.88 per share, for a total transaction of C$46,887.50. 18.43% of the stock is owned by corporate insiders.
About ECN Capital
ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.
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