Rating Flow: Toronto: ECN Capital Corp (TSE:ECN)’s Stock Had Its Outperform Rating Restated at Scotia Capital in Report Issued Today. Has $4.25 Target

November 24, 2016 - By Peter Erickson

ECN Capital Corp (TSE:ECN) Rating

Scotia Capital have a $4.25 TP on the stock. The TP gives a potential upside of 35.78% from ECN Capital Corp (TSE:ECN)‘s previous close. This rating was revealed in analysts note on Thursday, 24 November.

About 672,082 shares traded hands. ECN Capital Corp (TSE:ECN) has risen 6.00% since October 25, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.

ECN Capital Corp is a Canada-based independent commercial finance company. The company has a market cap of $1.18 billion. The Firm operates across North America in the following verticals of the commercial finance market: Rail Finance, Commercial and Vendor Finance, and Commercial Aviation Finance. It currently has negative earnings. Through its C&V vertical, the Company provides financing and leasing solutions to manufacturers, dealers, distributors and end-users of capital equipment across a range of industries such as food service, transportation, construction, manufacturing, healthcare, office equipment and technology products.

More important recent ECN Capital Corp (TSE:ECN) news were published by: Seekingalpha.com which released: “ECN Capital Corp. – A Gem In The Garbage Can” on November 02, 2016, also Marketwatch.com published article titled: “ECN Capital Corp. Opens the Market”, Marketwired.com published: “ECN Capital to Raise $100000000 through Preferred Share Offering” on November 23, 2016. More interesting news about ECN Capital Corp (TSE:ECN) was released by: Finance.Yahoo.com and their article: “ECN Capital Reports $0.07 in Adjusted EPS in Q3-2016” with publication date: November 14, 2016.

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