ECN Capital Corp. (OTCMKTS:ECNCF) Receives Average Recommendation of “Buy” from Brokerages

Shares of ECN Capital Corp. (OTCMKTS:ECNCF – Get Rating) have been given an average recommendation of “Buy” by the nine analysts that are currently covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $10.56.

A number of analysts have recently issued reports on ECNCF shares. Raymond James boosted their target price on ECN Capital from C$4.25 to C$6.00 in a report on Friday, January 7th. Royal Bank of Canada boosted their target price on ECN Capital from C$5.50 to C$6.50 in a report on Thursday, February 10th.

Shares of OTCMKTS:ECNCF traded down $0.04 during trading on Tuesday, reaching $4.83. 1,000 shares of the stock were exchanged, compared to its average volume of 22,033. ECN Capital has a 12-month low of $3.57 and a 12-month high of $10.00. The firm’s 50-day moving average price is $4.84 and its 200 day moving average price is $6.43.

ECN Capital Company Profile (Get Rating)

ECN Capital Corp. provides business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds. Its services are offered through three operating businesses: Service Finance, Triad Financial Services, and The Kessler Group. The Service Finance business offers installment loan solutions for qualified borrowers with favourable consumer interest rates and extended repayment terms.

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