ECN Capital Corp (TSE:ECN) – Investment analysts at Cormark upped their FY2017 earnings per share (EPS) estimates for ECN Capital Corp in a report issued on Wednesday. Cormark analyst J. Fenwick now anticipates that the company will earn $0.17 per share for the year, up from their prior forecast of $0.16.

ECN has been the subject of several other research reports. Scotiabank upped their target price on ECN Capital Corp from C$4.50 to C$5.00 and gave the stock an “outperform” rating in a research report on Wednesday. National Bank Financial upped their target price on ECN Capital Corp from C$4.75 to C$5.00 and gave the stock an “outperform” rating in a research report on Friday, June 9th. CIBC upped their target price on ECN Capital Corp from C$4.50 to C$5.00 in a research report on Monday, June 12th. TD Securities decreased their target price on ECN Capital Corp from C$4.60 to C$4.50 and set an “outperform” rating for the company in a research report on Friday, May 12th. Finally, Raymond James Financial, Inc. upped their target price on ECN Capital Corp from C$4.40 to C$4.75 and gave the stock an “outperform” rating in a research report on Friday, May 12th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of C$4.71.

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Shares of ECN Capital Corp (TSE ECN) opened at 4.02 on Thursday. ECN Capital Corp has a 52-week low of $2.60 and a 52-week high of $4.11. The firm has a market cap of $1.56 billion and a price-to-earnings ratio of 5.51. The firm has a 50-day moving average price of $3.96 and a 200-day moving average price of $3.66.

In other ECN Capital Corp news, Director Paul James Stoyan purchased 17,100 shares of ECN Capital Corp stock in a transaction that occurred on Monday, May 15th. The stock was purchased at an average price of C$3.78 per share, with a total value of C$64,638.00. Also, Director Pierre Lortie purchased 2,000 shares of ECN Capital Corp stock in a transaction that occurred on Thursday, May 25th. The stock was acquired at an average cost of C$25.00 per share, with a total value of C$50,000.00. Insiders purchased 617,178 shares of company stock valued at $2,398,481 in the last three months.

About ECN Capital Corp

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.

Earnings History and Estimates for ECN Capital Corp (TSE:ECN)

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