Eagle Point Credit Company Inc. – Consensus Indicates Potential 13.4% Upside

Broker Ratings
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Eagle Point Credit Company Inc. found using ticker (ECC) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 16 and 15.5 calculating the average target price we see 15.83. Now with the previous closing price of 13.96 this indicates there is a potential upside of 13.4%. There is a 50 day moving average of 14.08 and the 200 moving average now moves to 13.93. The market capitalisation for the company is $488m. You can visit the company’s website by visiting: https://www.eaglepointcreditcompany.com

The potential market cap would be $553m 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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