Encana Corp Stock Is Rising Now

 Encana Corp Stock Is Rising Now

The stock of Encana Corp (TSE:ECA) is a huge mover today! About 1.14M shares traded hands. Encana Corp (TSE:ECA) has risen 72.83% since April 22, 2016 and is uptrending. It has outperformed by 66.82% the S&P500.
The move comes after 9 months positive chart setup for the $15.55B company. It was reported on Nov, 28 by Barchart.com. We have $17.24 PT which if reached, will make TSE:ECA worth $933.00M more.

Encana Corp (TSE:ECA) Ratings Coverage

Out of 8 analysts covering Encana Corporation (TSE:ECA), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. $16.50 is the highest target while $7.50 is the lowest. The $10.96 average target is -32.60% below today’s ($16.26) stock price. Encana Corporation has been the topic of 25 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, August 19 by TD Securities. TD Securities maintained Encana Corp (TSE:ECA) on Friday, November 4 with “Buy” rating. TD Securities maintained it with “Buy” rating and $13 target price in Friday, November 18 report. RBC Capital Markets maintained the shares of ECA in a report on Friday, July 22 with “Sector Perform” rating. The firm has “Top Pick” rating by Scotia Capital given on Friday, November 4. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, December 15.

More important recent Encana Corp (TSE:ECA) news were published by: Fool.com which released: “Encana Corp: It’s All About the Margins” on November 23, 2016, also Fool.com published article titled: “What Encana Corp’s CEO Wants Investors to Know About Its Growth Plan”, Fool.com published: “3 Standout Numbers From Encana Corp’s Q3 Report” on November 04, 2016. More interesting news about Encana Corp (TSE:ECA) was released by: Business.Financialpost.com and their article: “Cost cutting pays off as Encana Corp posts unexpected profit” with publication date: November 03, 2016.

Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids . The company has a market cap of $15.55 billion. The Company’s activities also include the marketing of natural gas, oil and NGLs. It currently has negative earnings. All of its reserves and production are located in North America.

ECA.TO Company Profile

Encana Corporation, incorporated on January 1, 2006, is an energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company’s activities also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Firm operates through three divisions: Canadian Operations, USA Operations and Market optimization.

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