Raymond James Keeps Their Hold Rating on ECN Capital (ECN)

ECN Capital (ECNResearch Report), the Financial sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. The Financial company, ECN Capital (TSX: ECN) has just received a rating update from a Wall Street analyst.

Phelan has an average return of 8.1% when recommending ECN Capital.

According to TipRanks.com, Phelan is ranked #391 out of 5600 analysts.

Currently, the analyst consensus on ECN Capital is a Moderate Buy with an average price target of C$5.33, representing a 14.6% upside. In a report issued on October 29, Scotiabank also reiterated a Hold rating on the stock with a C$5.50 price target.

The company has a one-year high of C$5.19 and a one-year low of C$3.13. Currently, ECN Capital has an average volume of 385.7K.

ECN Capital Corp. provides consumer credit portfolios to more than ninety U.S. financial institutions. The company originates, manages, and advises on prime consumer credit assets for financial institutions offering unsecured and secured consumer portfolio solutions as well as credit card portfolios.

The company’s shares closed last Friday at C$4.53.