Taylor Asset Management INC Increased Encana Corp (ECA) Stake by $3.66 Million as Shares Rose

June 29, 2018 - By Ira Colvard

Encana Corporation (NYSE:ECA) Corporate Logo

Taylor Asset Management Inc’s stake in Encana Corp (ECA) is increased by 14.65% based on its latest 2018Q1 regulatory filing with the SEC. By buying 305,300 shares Taylor Asset Management Inc made the stock popped up with 13.77%. The hedge fund is holding 2.39 million shares, compared to the 2.08 million from the previous quarter. And the reported value of the oil & gas production company is $29.76 million for the 2018Q1. Taylor Asset Management Inc has cut its stake in Toronto Dominion Bk Ont (NYSE:TD) and also reduced its holding in Citigroup Inc (NYSE:C) by 132,200 shares in the quarter, for a total of 124,700 shares.

There’s a substantial Encana Corporation (NYSE:ECA) news brought out by Seekingalpha.com. It’s a report titled: “Encana: A 10-Year Transformation Taking Shape” on June 18, 2018.

Encana Corporation (NYSE:ECA) Ratings Coverage

In total 13 analysts cover Encana Corp (NYSE:ECA). “Buy” rating has 12, “Sell” are 0, while 1 are “Hold”. (NYSE:ECA) has 92% bullish analysts. 19 are the (NYSE:ECA)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. The company rating was downgraded by Altacorp on Monday, January 15. On Friday, February 16 the firm has “Buy” rating by Scotia Capital given. On Thursday, May 10 the firm has “Hold” rating by Tudor Pickering given. On Monday, March 19 the stock of Encana Corporation (NYSE:ECA) earned “Buy” rating by Jefferies. The company rating was upgraded by Desjardins Securities on Friday, January 12. In Thursday, February 15 report Societe Generale upgraded the stock to “Buy” rating. On Tuesday, February 6 the firm has “Buy” rating given by Altacorp. On Friday, January 26 GMP Securities maintained Encana Corporation (NYSE:ECA) rating. GMP Securities has “Buy” rating and $16.0 target. On Wednesday, March 7 the firm earned “Outperform” rating by Evercore. On Wednesday, May 23 the rating was maintained by Morgan Stanley with “Overweight”.

Encana Corporation (NYSE:ECA) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.