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.

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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)

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