Eagle Point Credit Company Inc. with ticker code (ECC) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 16 and 13 with a mean TP of 14.67. With the stocks previous close at 12.29 this indicates there is a potential upside of 19.4%. The day 50 moving average is 12.76 and the 200 day moving average is 13.75. The market capitalisation for the company is $481m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $574m 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.
