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 target price ranges between 15 and 12.5 with a mean TP of 13.83. Given that the stocks previous close was at 10.9 this would imply there is a potential upside of 26.9%. The day 50 moving average is 11.52 and the 200 day MA is 12.78. The company has a market cap of $476m. Visit the company website at: https://www.eaglepointcreditcompany.com
The potential market cap would be $604m 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.
