Eagle Point Credit Company Inc. – Consensus Indicates Potential 24.5% Upside

Broker Ratings
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Eagle Point Credit Company Inc. found using ticker (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 16 and 13 calculating the average target price we see 14.67. Now with the previous closing price of 11.78 this indicates there is a potential upside of 24.5%. There is a 50 day moving average of 12.38 and the 200 day moving average is 13.59. The company has a market capitalisation of $489m. Find out more information at: https://www.eaglepointcreditcompany.com

The potential market cap would be $609m 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.

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