CIBC upgraded shares of Encana Corp (TSE:ECA) from an underperform rating to a sector perform rating in a research note released on Friday morning, StockTargetPrices.com reports.
Other equities research analysts also recently issued research reports about the company. TD Securities reaffirmed a buy rating and set a C$11.50 price objective on shares of Encana Corp in a research report on Wednesday, August 17th. Royal Bank Of Canada raised 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.
Shares of Encana Corp (TSE:ECA) opened at 13.71 on Friday. The stock’s 50 day moving average is $12.72 and its 200 day moving average is $10.33. Encana Corp has a 52-week low of $4.14 and a 52-week high of $13.87. The stock’s market cap is $11.65 billion.
Encana Corp Company Profile
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.
Receive News & Ratings for Encana Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Encana Corp and related companies with MarketBeat.com's FREE daily email newsletter.