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 range between the high target price and low target price is between 15 and 12.5 calculating the average target price we see 13.83. Now with the previous closing price of 11.22 this would indicate that there is a potential upside of 23.3%. The day 50 moving average is 11.6 and the 200 moving average now moves to 12.89. The market capitalisation for the company is $496m. You can visit the company’s website by visiting: https://www.eaglepointcreditcompany.com
The potential market cap would be $611m based on the market concensus.
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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.