Eagle Point Credit Company Inc. – Consensus Indicates Potential 11.5% Upside

Broker Ratings
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Eagle Point Credit Company Inc. found using ticker (ECC) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 13 and 11.5 with the average target price sitting at 12.33. With the stocks previous close at 11.06 this would imply there is a potential upside of 11.5%. There is a 50 day moving average of 10.76 and the 200 day moving average is 11.43. The market capitalisation for the company is $525m. You can visit the company’s website by visiting: https://www.eaglepointcreditcompany.com

The potential market cap would be $586m based on the market concensus.

Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

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