Eagle Point Credit Company Inc. with ticker code (ECC) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 13 and 11.5 calculating the average target price we see 12.17. Given that the stocks previous close was at 10.81 this is indicating there is a potential upside of 12.6%. The 50 day MA is 10.83 and the 200 moving average now moves to 11.25. The company has a market cap of $571m. You can visit the company’s website by visiting: https://www.eaglepointcreditcompany.com
The potential market cap would be $643m 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.
