ECN Capital (TSE:ECN) received a C$5.00 price target from analysts at Raymond James Financial in a research note issued to investors on Monday. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial’s price objective suggests a potential upside of 29.87% from the stock’s current price.

Several other research firms have also recently weighed in on ECN. TD Securities raised their price target on ECN Capital from C$4.75 to C$5.00 and gave the company a “buy” rating in a report on Monday, October 16th. CSFB upgraded ECN Capital from a “neutral” rating to an “outperform” rating and raised their price target for the company from C$4.50 to C$4.75 in a report on Saturday, September 23rd. Finally, Royal Bank of Canada cut their price target on ECN Capital from C$5.00 to C$4.50 and set an “outperform” rating for the company in a report on Friday, December 15th. Six research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of C$4.86.

ECN Capital (TSE:ECN) opened at C$3.85 on Monday. The firm has a market capitalization of $1,470.00 and a P/E ratio of -29.62. ECN Capital has a 1-year low of C$2.97 and a 1-year high of C$4.40.

In related news, insider Loreto Grimaldi bought 127,243 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was purchased at an average price of C$3.93 per share, for a total transaction of C$500,064.99. Also, Director Steven Kenneth Hudson bought 381,728 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was bought at an average price of C$3.93 per share, with a total value of C$1,500,191.04.

COPYRIGHT VIOLATION WARNING: “ECN Capital (ECN) Given a C$5.00 Price Target at Raymond James Financial” was originally published by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at

ECN Capital Company Profile

ECN Capital Corp., an independent financial services company, originates, co-invests in, and manages asset based financing and related service programs in the United States, Canada, and internationally. The company operates through three segments: Rail Finance, Aviation Finance, and Commercial and Vendor Finance.

Analyst Recommendations for ECN Capital (TSE:ECN)

Receive News & Ratings for ECN Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ECN Capital and related companies with's FREE daily email newsletter.