Eagle Point Credit Company Inc. with ticker code (ECC) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 16 and 15 calculating the average target price we see 15.5. Given that the stocks previous close was at 12.21 this indicates there is a potential upside of 26.9%. The 50 day moving average now sits at 12.94 while the 200 day moving average is 13.83. The company has a market cap of $511m. Visit the company website at: https://www.eaglepointcreditcompany.com
The potential market cap would be $648m 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.
