Encana Corporation (ECA) - Morgan Stanley Maintains Rating And Raises Price Target

With short interest at 17,323,790 and short average daily volume at 15,280,685, days to cover is 1.0 and the short interest percentage is 0.02% as of September 29. Almost 14.54 million shares were traded by the close, higher than its average daily volume of 12.34 million shares. It has underperformed by 16.06% the S&P500. They now have a United States dollars 8 price target on the stock. Encana Corp now has $11.13B valuation.

After looking for stocks with higher betas, we can see that Alcobra Ltd. (NASDAQ:ADHD) has a current beta of 1.47. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 0.72. Encana Corp (TSE:ECA) has 0.00% since October 12, 2016 and is. It has outperformed by 33.43% the S&P500. It worsened, as 47 investors sold The Western Union Company shares while 197 reduced holdings.

These funds have shifted positions in (ECA).

The EPS of company is strolling at 0.9. The oil and gas company reported $0.11 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.08. Moreover, Mitsubishi Ufj Tru And Banking Corp has 0.04% invested in The Western Union Company (NYSE:WU) for 986,680 shares. The company has market cap of $465.19 million. Qs Invsts Ltd Limited Liability Company owns 18,064 shares. Arrowstreet Cap Ltd Partnership has invested 0.07% in The Western Union Company (NYSE:WU). The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold.

In recent trading day Encana Corporation (ECA) stock showed the move of -0.95% with the closing price of $11.43. RBC Capital Markets maintained it with "Sector Perform" rating and $10 target in Monday, September 12 report. Over the past month, the stock has performed 4.46%. The stock has "Hold" rating by TD Securities on Tuesday, June 13.

Some buy side analysts are also providing their Analysis on Encana Corporation, where 8 analysts have rated the stock as Strong buy, 12 analysts have given a Buy signal, 7 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. The firm has "Hold" rating given on Wednesday, June 21 by Macquarie Research. The mean rating score for this stock is at 2.30.

The Western Union Company is a well-known provider of money movement and payment services. Encana Corp now has $11.17 billion valuation. Over the long run, the price of a stock will normally go up in lock step with its earnings (assuming the P/E ratio is constant). The Company's Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. Equity Investment Corp Acquisition Inc now owns 12,996 shares of the oil and gas company's stock worth $114,000 after purchasing an additional 666 shares during the period. (NYSE:VER), its shares were trading at $8.36 a retreat of $0, on the trading floor. Fomento Economico Mex (NYSE:FMX) was reduced too.

Yesterday Encana (NYSE:ECA) traded 0.31% higher at $11.37. Therefore 25% are positive. Royal Bank Of Canada reaffirmed a "buy" rating and set a $14.00 target price on shares of Encana Corporation in a report on Friday, July 7th. The firm has "Buy" rating by RBC Capital Markets given on Monday, May 29. The firm has "Buy" rating given on Friday, September 30 by Citigroup. The rating was maintained by Jefferies on Wednesday, July 19 with "Buy". The stock of Encana Corp (USA) (NYSE:ECA) earned "Neutral" rating by UBS on Thursday, October 6. Encana Corporation's dividend payout ratio is presently 6.98%.

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