Eagle Point Credit Company Inc. with ticker code (ECC) now have 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. Given that the stocks previous close was at 11.52 this indicates there is a potential upside of 20.1%. The 50 day MA is 11.68 and the 200 day MA is 13.13. The market capitalisation for the company is $502m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $603m 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.
