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 range between the high target price and low target price is between 15 and 12.5 calculating the mean target price we have 13.83. Now with the previous closing price of 11.79 this indicates there is a potential upside of 17.3%. There is a 50 day moving average of 11.67 and the 200 day MA is 13. The company has a market capitalisation of $512m. You can visit the company’s website by visiting: https://www.eaglepointcreditcompany.com
The potential market cap would be $601m 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.
