Encana Corp (ECA) Price Target Raised to C$12.00

Encana Corp (TSE:ECA) had its target price boosted by TD Securities from C$11.50 to C$12.00 in a report released on Monday morning. TD Securities currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on ECA. Royal Bank Of Canada upped their price target on Encana Corp from C$11.50 to C$12.75 and gave the stock an outperform rating in a report on Monday, September 12th. CIBC upgraded Encana Corp from an underperform rating to a sector perform rating in a report on Friday, September 30th.

Encana Corp (TSE:ECA) opened at 14.42 on Monday. Encana Corp has a 52-week low of $4.14 and a 52-week high of $14.64. The firm’s 50-day moving average price is $12.88 and its 200 day moving average price is $10.49. The company’s market cap is $12.26 billion.

About Encana Corp

Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America.

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