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 16 and 13 and has a mean target at 14.67. Given that the stocks previous close was at 11.82 this would indicate that there is a potential upside of 24.1%. There is a 50 day moving average of 12.48 while the 200 day moving average is 13.64. The company has a market capitalisation of $495m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $615m 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.
