KBW analyst Paul Johnson maintained a Hold rating on Eagle Point Credit Company (ECC – Research Report) yesterday and set a price target of $10.50. The company’s shares closed yesterday at $10.10.
The word on The Street in general, suggests a Hold analyst consensus rating for Eagle Point Credit Company with a $10.50 average price target.
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The company has a one-year high of $10.08 and a one-year low of $8.05. Currently, Eagle Point Credit Company has an average volume of 699.7K.
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Eagle Point Credit Company (ECC) Company Description:
Eagle Point Credit Co., Inc. is a closed-end investment company. Its investment objective is to generate high current income, and generate capital appreciation by investing primarily in equity, and junior debt tranches of CLOs. The company was founded on March 24, 2014 and is headquartered in Greenwich, CT.
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