Brokerage Overview of: Encana Corporation (ECA)

Macquarie Research upgraded Encana Corp (USA) (NYSE:ECA) on Thursday, October 6 to "Neutral" rating. Previously Encana Corp (NYSE:ECA) reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.08 with surprise factor of 266.7%. They issued an outperform rating and a $15.00 target price for the company. The stock of Encana Corp (TSE:ECA) has "Top Pick" rating given on Friday, November 4 by Scotia Capital. Scotiabank reiterated an "underperform" rating and issued a C$18.00 target price on shares of Encana Corp in a report on Wednesday, May 3rd. Royal Bank Of Canada reaffirmed a "buy" rating and set a $14.00 price objective on shares of Encana Corporation in a research note on Monday, May 29th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and four have issued a strong buy rating to the company's stock. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

The share price of Encana Corporation (NYSE:ECA) was up +0.98% during the last trading session, with a day high of 9.26.

Rite Aid Corp (NYSE:RAD) opened its previous trading session at $2.35 later Declining -3.85% to close its trade at a share price of $2.25.

The stock's 50 day moving average is 9.75 and its 200 day moving average is 11.30. Scotia Capital maintained it with "Sector Perform" rating and $9 target in Thursday, August 11 report. The company rocked its 52-Week High of $13.85 and touched its 52-Week Low of $7.45.

Sensex, Nifty Rise To Fresh Highs, Wipro, Infosys In Limelight
In other news, Vikram Limaye took over as managing director and chief executive officer of the National Stock Exchange (NSE). Positive trading in most Asian markets and China's robust economic growth in June quarter boosted market sentiment.

03/23/2017 - Encana Corporation was upgraded to "buy" by analysts at UBS. Traders purchased 23,027 call options on the stock.

On the other hand Encana Corp (NYSE:ECA) has Relative Strength Index (RSI 14) of 51.18 along with Average True Range (ATR 14) of 0.39. The oil and gas company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.08. This is assuming the current $0.09 EPS is accurate.

While taking a look at financials, we can look at a number of key indicators about Encana Corporation (ECA).

ILLEGAL ACTIVITY WARNING: This news story was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece on another publication, it was stolen and reposted in violation of USA and worldwide copyright legislation.

Legendary Director George A. Romero Dead at 77
Ironically, the creatures in the film are never once called zombies; in the script, Romero merely referred to them as "ghouls". Romero is best remembered for his zombie films, a genre he helped pioneer with the 1968 masterpiece Night of the Living Dead .

04/19/2017 - Encana Corporation had its "overweight" rating reiterated by analysts at Barclays. As per Friday, June 3, the company rating was initiated by Cantor Fitzgerald. Baker Bros Advsr L P invested in 0.64% or 1.32 million shares. This represents a $0.06 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date was Tuesday, June 13th. Encana Corporation's payout ratio is now -31.58%.

Several hedge funds have recently made changes to their positions in ECA. Capstone Asset Management Co. now owns 81,900 shares of the oil and gas company's stock worth $959,000 after buying an additional 670 shares during the last quarter. FMR LLC now owns 20,771,231 shares of the oil and gas company's stock worth $243,813,000 after buying an additional 18,298,176 shares during the last quarter. Vanguard Group Inc. raised its position in Encana Corporation by 4.6% in the first quarter. Howard Hughes Medical Institute increased its stake in shares of Encana Corporation by 0.3% in the first quarter. The Sensato Investors Llc holds 33,000 shares with $1.14 million value, down from 236,900 last quarter.

Contrarius Investment Management Ltd decreased Kinder Morgan Inc Del (NYSE:KMI) stake by 295,790 shares to 194,365 valued at $4.03M in 2016Q4.

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids producing plays.

Australian woman Justine Damond killed in police shooting in Minneapolis
Investigators are searching for any footage of the shooting. "She was treasured and loved, and we will really miss her", she said. City officials say the investigation is in its early stages and more information will be available in the days to come.

Related news