Eagle Point Credit Company Inc. found using ticker (ECC) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 16 and 13 with the average target price sitting at 14.67. With the stocks previous close at 12.68 this indicates there is a potential upside of 15.7%. There is a 50 day moving average of 12.85 and the 200 day MA is 13.8. The market cap for the company is $522m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $604m 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.
