Eagle Point Credit Company Inc. found using ticker (ECC) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 15 and 13 calculating the mean target price we have 14. Given that the stocks previous close was at 11.65 this now indicates there is a potential upside of 20.2%. There is a 50 day moving average of 12.07 and the 200 day MA is 13.46. The market capitalisation for the company is $481m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $578m 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.
