Stifel Nicolaus set a $5.00 price target on Eclipse Resources Corporation (NYSE:ECR) in a research report report published on Thursday morning. The firm currently has a buy rating on the energy producer’s stock.

Several other brokerages have also recently commented on ECR. Scotiabank reissued a hold rating and set a $4.00 price target on shares of Eclipse Resources Corporation in a research report on Friday, June 30th. ValuEngine raised shares of Eclipse Resources Corporation from a sell rating to a hold rating in a research report on Tuesday, July 11th. Barclays PLC reissued a neutral rating on shares of Eclipse Resources Corporation in a research report on Friday, July 7th. Seaport Global Securities cut shares of Eclipse Resources Corporation from a buy rating to a neutral rating and cut their price target for the stock from $3.25 to $2.75 in a research report on Wednesday, June 21st. Finally, BMO Capital Markets reissued a hold rating and set a $3.00 price target on shares of Eclipse Resources Corporation in a research report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. Eclipse Resources Corporation has a consensus rating of Hold and an average target price of $3.01.

Eclipse Resources Corporation (NYSE ECR) traded down 3.86% during trading on Thursday, reaching $2.49. The company’s stock had a trading volume of 268,820 shares. Eclipse Resources Corporation has a 52 week low of $1.60 and a 52 week high of $3.66. The company’s market cap is $654.22 million. The company’s 50 day moving average price is $2.37 and its 200 day moving average price is $2.42.

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In other Eclipse Resources Corporation news, COO Oleg E. Tolmachev sold 20,000 shares of the stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $2.57, for a total value of $51,400.00. Following the transaction, the chief operating officer now directly owns 423,920 shares of the company’s stock, valued at approximately $1,089,474.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its holdings in Eclipse Resources Corporation by 15.0% in the 1st quarter. Ameriprise Financial Inc. now owns 1,802,673 shares of the energy producer’s stock valued at $4,578,000 after acquiring an additional 234,600 shares during the period. Bank of New York Mellon Corp raised its holdings in Eclipse Resources Corporation by 8.7% in the 1st quarter. Bank of New York Mellon Corp now owns 392,498 shares of the energy producer’s stock valued at $997,000 after acquiring an additional 31,451 shares during the period. Dimensional Fund Advisors LP raised its holdings in Eclipse Resources Corporation by 24.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,009,003 shares of the energy producer’s stock valued at $5,101,000 after acquiring an additional 388,924 shares during the period. AQR Capital Management LLC raised its holdings in Eclipse Resources Corporation by 107.8% in the 1st quarter. AQR Capital Management LLC now owns 1,015,502 shares of the energy producer’s stock valued at $2,580,000 after acquiring an additional 526,735 shares during the period. Finally, Engineers Gate Manager LP raised its holdings in Eclipse Resources Corporation by 79.0% in the 2nd quarter. Engineers Gate Manager LP now owns 95,717 shares of the energy producer’s stock valued at $274,000 after acquiring an additional 42,237 shares during the period. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Eclipse Resources Corporation Company Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Analyst Recommendations for Eclipse Resources Corporation (NYSE:ECR)

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