Target Price Updates on Encana Corporation (NYSE:ECA), Reata Pharmaceuticals, Inc. (:RETA)

Meyer Robert Joseph JR also sold $5.13 million worth of American Tower Corp (NYSE:AMT) on Friday, April 28. Wetherby Asset Management Inc. raised its stake in shares of Encana Corporation by 2.1% during the second quarter. BlueCrest Capital Management Ltd increased its stake in Encana Corporation by 600.0% during the 1st quarter. Equity Investment Corp Acquisition Inc now owns 12,996 shares of the oil and gas company's stock worth $114,000 after acquiring an additional 666 shares in the last quarter. It also reduced its holding in Bonanza Creek Energy Inc (NYSE:BCEI) by 2.41 million shares in the quarter, leaving it with 123 shares, and cut its stake in Qep Resources Inc (NYSE:QEP). The firm owned 1,188,957 shares of the oil and gas company's stock after acquiring an additional 162,543 shares during the period. Finally, Vanguard Group Inc. increased its stake in Encana Corporation by 4.6% during the 1st quarter. FMR LLC grew its position in Encana Corporation by 6.3% in the first quarter. FMR LLC now owns 22,080,449 shares of the oil and gas company's stock valued at $258,686,000 after acquiring an additional 1,309,218 shares during the last quarter. FMR LLC lifted its stake in Encana Corporation by 6.3% in the first quarter. Wetherby Asset Management Inc. now owns 24,141 shares of the oil and gas company's stock worth $212,000 after acquiring an additional 497 shares in the last quarter. The institutional investor held 250,833 shares of the technology company at the end of 2016Q4, valued at $7.94M, up from 240,598 at the end of the previous reported quarter.

TRADEMARK VIOLATION WARNING: "Investment Centers of America Inc". The legal version of this article can be viewed at

Covering sell-side analysts have recently weighed in on shares of Encana Corporation (NYSE:ECA). Analysts reported that the Price Target for Encana Corporation might touch $18 high while the Average Price Target and Low price Target is $12.21 and $9 respectively. Sanford C. Bernstein upgraded Encana Corporation from a "market perform" rating to an "outperform" rating and boosted their price objective for the stock from $10.00 to $14.00 in a research note on Friday, September 15th. Canaccord Genuity set a $12.00 price target on Encana Corporation and gave the company a "buy" rating in a research report on Thursday, August 17th. The stock has "Buy" rating by on Monday, October 10. Scientific Games Corporation has 1 buy ratings, 5 holds and 0 sells even after the stock climbed 7.13% from its high of $42.1 to a $3.7 billion market value through last close. RBC Capital Markets has "Outperform" rating and $13 target.

Encana Corporation (NYSE ECA) traded up 0.84% during trading on Tuesday, reaching $10.76. The company's P/E (price to earnings) ratio is 12.36 and Forward P/E ratio of 16.05.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $10.41B. Encana Corporation has a 52-week low of $8.01 and a 52-week high of $13.85. The stock spiked 17.77% last month and is down -9.11 this year. They expect $0.07 EPS, up 75.00% or $0.03 from last year's $0.04 per share. The company had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $773.19 million. Encana Corporation had a net margin of 19.09% and a return on equity of 6.25%. On average, equities analysts predict that Encana Corporation will post $0.51 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.015 dividend. The ex-dividend date is Thursday the 14th of September 2017. That represents a quarterly year/year change in revenues of 0.43 in sequential terms, the ECA saw sales decline by 0.01. American Tower Corporation had 49 analyst reports since August 6, 2015 according to SRatingsIntel.

Like this


22 September 2017
Gordhan, Jonas meet with KPMG over state capture
Veihmeyer this week apologized for "what went wrong in KPMG South Africa" before requesting the meeting with Gordhan. The Guptas and their companies have not been charged with any crime.

22 September 2017
Eagles may be ready to take a Chance on Warmack
Now, I don't expect the Eagles to have a whole lot of success running the ball against a very strong New York Giants front. The problem is, as Bleeding Green Nation points out , Wentz completed just 1-of-6 screen pass attempts against the Chiefs.

22 September 2017
'Game of Thrones' Producer to Write Fifth Prequel Series
From those humble beginnings, he advanced to staff writer, to story editor, to co-producer and producer and supervising producer. Some of his episodes include "Kissed by Fire" in Season 3 and "Stormborn" in Season 7.

22 September 2017
Frontier Communications Corp 2017 Q2 Institutional Investor Sentiment Worse Than Expected
Raymond James Financial Services Advisors upgraded its position in Frontier Communications Corporation by 53.0% in the 2nd period. The High Revenue estimate is predicted as 2.27 Million, while the Low Revenue Estimate prediction stands at 2.24 Million.

22 September 2017
Brokers Issue New Targets On Halcon Resources Corporation (NYSE:HK)
Scotiabank reissued a "buy" rating and set a $11.00 target price on shares of Halcon Resources in a report on Monday, March 27th. ILLEGAL ACTIVITY NOTICE: This story was originally published by Week Herald and is the sole property of of Week Herald.

22 September 2017
Meet the incredible rescue dog in Mexico that helps with search efforts
At least 21 children and four adults have been found dead at that crumbled school, where rescue dogs are among those now looking for any survivors.

22 September 2017
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) Sees Significantly Lower Trading Volume
Currently, 222.3 million total shares are owned by the public and among those 205.27 million shares have been available to trade. Following the transaction, the director now directly owns 5,480 shares in the company, valued at approximately $799,038.80.

22 September 2017
New Trade Agreement Between EU And Canada Enters Into Force
Canadian worldwide trade minister Francois-Philippe Champagne, said: " Ceta sets new and progressive standards for all trading nations".

22 September 2017
BlackBerry Ltd (NASDAQ:BBRY) Rises 0.30% Pre-market
Several analysts have released their opinion on BlackBerry Limited (NASDAQ: BBRY ), with 1 analysts believing it is a strong buy. Quinn Opportunity Partners LLC boosted its position in shares of BlackBerry Limited by 24.8% during the second quarter.

22 September 2017
Marathon Oil Corp (MRO) Awesome Oscillator Building Momentum
BidaskClub lowered Marathon Petroleum Corporation from a "buy" rating to a "hold" rating in a report on Tuesday, June 27th. Iridian Asset Management LLC CT boosted its holdings in Marathon Petroleum Corporation by 209.4% during the first quarter.