Eagle Point Credit Company Inc. with ticker code (ECC) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 16 and 15.5 with a mean TP of 15.83. Given that the stocks previous close was at 13.71 this would indicate that there is a potential upside of 15.5%. The 50 day moving average now sits at 14.44 and the 200 day MA is 13.82. The company has a market cap of $475m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $548m 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.
