Eagle Point Credit Company Inc. found using ticker (ECC) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 16 and 13 with a mean TP of 14.67. Given that the stocks previous close was at 11.41 this is indicating there is a potential upside of 28.6%. The 50 day moving average now sits at 12.61 and the 200 day moving average is 13.69. The company has a market cap of $476m. Company Website: https://www.eaglepointcreditcompany.com
The potential market cap would be $612m 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.
