Analyst Activity – Scotiabank Reiterates Underperform on Encana Corp (TSE:ECA)

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Analyst Ratings For Encana Corp (TSE:ECA)

Today, Scotiabank reiterated its Underperform rating on Encana Corp (TSE:ECA) with a price target of C$15.00.

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$15.63 per share, a potential .

Some recent analyst ratings include

  • 4/20/2017-Scotiabank Reiterated Rating of Underperform.
  • 2/21/2017-GMP Securities was Downgraded by analysts at GMP Securities from a “Buy ” rating to a ” Hold” rating.
  • 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 Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. 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. It operates through three segments: Canadian Operations, USA Operations and Market optimization. Its Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. Its Canadian operations include Montney in northeast British Columbia and northwest Alberta and Duvernay in west central Alberta. The USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. The Market Optimization activities are primarily responsible for the sale of the Company’s production to third party customers.

    Recent Trading Activity for Encana Corp (TSE:ECA)
    Shares of Encana Corp closed the previous trading session at 14.48 down -0.40 -2.69% with 3,665,992 shares trading hands.