Eagle Point Credit Company Inc. with ticker code (ECC) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 13 and 11.5 calculating the average target price we see 12.17. With the stocks previous close at 11.7 this indicates there is a potential upside of 4.0%. The 50 day MA is 10.77 and the 200 day MA is 11.28. The company has a market cap of $644m. Visit the company website at: https://www.eaglepointcreditcompany.com
The potential market cap would be $670m 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.
