Analyst Downgrades – Encana Corp (TSE:ECA) Stock Gets Downgraded By GMP Securities from Buy to Hold

0

Analyst Ratings For Encana Corp (TSE:ECA)

Today, Encana Corp (TSE:ECA) stock was downgraded by GMP Securities from Buy to Hold.

There are 1 sell rating, 3 hold ratings, 1 buy rating on the stock.

The current consensus rating on Encana Corp (TSE:ECA) is Hold (Score: 2.00) with a consensus target price of C$14.88 per share, a potential .

Some recent analyst ratings include

  • 2/21/2017-GMP Securities was Downgraded by analysts at GMP Securities from a “Buy ” rating to a ” Hold” rating.
  • 2/17/2017-Scotiabank Reiterated Rating of Underperform.
  • 2/17/2017-TD Securities Reiterated Rating of Hold.
  • 11/4/2016-Royal Bank Of Canada Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
  • 9/30/2016-CIBC Upgrade from a “Underperform ” rating to a ” Sector Perform” rating.


    About Encana Corp (TSE:ECA)
    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 (NGLs). The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Company operates through three segments: Canadian Operations, USA Operations and Market optimization. The Company’s Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. Market Optimization segment is responsible for the sale of the Company’s production and managing the associated netback price. Market Optimization sells the Company’s upstream production to third-party customers.

    Recent Trading Activity for Encana Corp (TSE:ECA)
    Shares of Encana Corp closed the previous trading session at 16.03 down -0.17 -1.05% with 3,819,374 shares trading hands.