Eagle Point Credit Company Inc. with ticker code (ECC) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 15 and 12.5 and has a mean target at 13.5. With the stocks previous close at 10.95 this would indicate that there is a potential upside of 23.3%. There is a 50 day moving average of 11 and the 200 moving average now moves to 12.2. The company has a market cap of $502m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $619m 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.
