ECN Capital Corp. (TSE:ECN) Receives C$5.06 Average PT from Analysts

Shares of ECN Capital Corp. (TSE:ECN – Get Rating) have been assigned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$5.06.

Several equities research analysts have recently commented on the stock. Royal Bank of Canada lowered their price target on shares of ECN Capital from C$5.00 to C$4.00 and set a “sector perform” rating for the company in a research report on Thursday, January 5th. CIBC lifted their price target on shares of ECN Capital from C$4.50 to C$5.00 and gave the stock an “outperform” rating in a research report on Friday, March 10th. Finally, TD Securities boosted their price objective on shares of ECN Capital from C$5.00 to C$7.00 and gave the company a “buy” rating in a report on Thursday, March 9th.

ECN Capital Stock Down 0.8 %

Shares of TSE:ECN opened at C$3.57 on Tuesday. ECN Capital has a one year low of C$2.57 and a one year high of C$7.29. The company has a 50 day moving average of C$3.04 and a 200-day moving average of C$3.52. The company has a debt-to-equity ratio of 493.70, a current ratio of 5.28 and a quick ratio of 3.81. The stock has a market cap of C$876.01 million, a price-to-earnings ratio of 29.75, a P/E/G ratio of 0.24 and a beta of 1.09.

About ECN Capital

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ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios in North America. It operates through Secured Consumer Loans – Triad Financial Services and Source One; and Consumer Credit Card and Related Unsecured Consumer Loans – KG segments. The company provides secured consumer loan portfolios, including manufactured home, marine, and recreational vehicle loans; and consumer credit card portfolios that are focused on co-branded credit cards and related financial products.