Eagle Point Credit Company Inc. – Consensus Indicates Potential 14.3% Upside

Broker Ratings
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Eagle Point Credit Company Inc. found using ticker (ECC) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 16 and 15.5 and has a mean target at 15.83. Now with the previous closing price of 13.85 this would indicate that there is a potential upside of 14.3%. The 50 day moving average now sits at 14.32 while the 200 day moving average is 13.87. The company has a market cap of $483m. Company Website: https://www.eaglepointcreditcompany.com

The potential market cap would be $551m 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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