Encana Corp (TSE:ECA) (NYSE:ECA) – Stock analysts at Jefferies Group boosted their Q2 2018 earnings per share estimates for shares of Encana Corp in a research note issued to investors on Monday. Jefferies Group analyst Z. Parham now forecasts that the company will post earnings per share of $0.21 for the quarter, up from their prior forecast of $0.20. Jefferies Group also issued estimates for Encana Corp’s Q3 2018 earnings at $0.26 EPS and FY2018 earnings at $0.98 EPS.

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Several other equities research analysts have also issued reports on the company. Raymond James Financial, Inc. lifted their price target on Encana Corp to C$19.00 and gave the company a “strong-buy” rating in a report on Monday, July 24th. TD Securities upgraded Encana Corp from a “hold” rating to a “buy” rating and set a C$15.00 price target for the company in a report on Friday, June 30th. AltaCorp Capital upgraded Encana Corp from a “sector perform” rating to an “outperform” rating in a report on Monday, July 24th. BMO Capital Markets reiterated an “outperform” rating and set a C$13.00 price target on shares of Encana Corp in a report on Wednesday, June 21st. Finally, Royal Bank Of Canada lifted their price target on Encana Corp to C$16.25 and gave the company an “outperform” rating in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of C$16.35.

Encana Corp (TSE ECA) traded up 0.56% on Thursday, hitting $14.35. 1,341,807 shares of the stock were exchanged. The company’s 50-day moving average is $13.01 and its 200-day moving average is $13.24. Encana Corp has a 52 week low of $10.54 and a 52 week high of $18.13. The company has a market cap of $13.96 billion and a PE ratio of 17.10.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date was Thursday, September 14th.

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.

Earnings History and Estimates for Encana Corp (TSE:ECA)

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