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Encore Capital Group Inc Stock Forecast

NASDAQ:ECPG BUY SELL

$60.21 (2.35%)

Volume: 412.738k

Closed: Jul 05, 2022

Hollow Logo Score: 2.952

Encore Capital Group Inc Stock Forecast

BUY SELL NASDAQ:ECPG
$60.21 (2.35%)

Volume: 412.738k

Closed: Jul 05, 2022

Score Hollow Logo 2.952

ECPG Price Targets and Analyst Ratings NASDAQ:ECPG

Historical Ratings and Targets

Date Upside / Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
2022-05-16 27.89% JMP Securities $85.00 $77.00 Maintains Market Outperform
2022-02-15 32.87% Northland Capital Markets $75.00 $80.00 Maintains Outperform
2021-11-04 17.92% JMP Securities $54.00 $71.00 Maintains Market Outperform
2020-11-03 -10.31% Oppenheimer $55.00 $54.00 Maintains Outperform
2020-05-13 -30.24% Oppenheimer $39.00 $42.00 Maintains Outperform

ECPG Stock Trend

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $61.12 will firstly indicate a slower falling rate, but may be the first sign of a trend shift.

Given the current short-term trend, the stock is expected to fall -2.54% during the next 3 months and, with a 90% probability hold a price between $53.90 and $59.57 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Data

Date Bottom Mid Top
2022-07-07 $55.28 $58.19 $61.10
2022-07-08 $55.26 $58.16 $61.07
2022-07-11 $55.23 $58.14 $61.04
2022-07-12 $55.20 $58.11 $61.02
2022-07-13 $55.18 $58.08 $60.99
2022-07-14 $55.15 $58.06 $60.96
2022-07-15 $55.12 $58.03 $60.94
2022-07-18 $55.10 $58.00 $60.91
2022-07-19 $55.07 $57.98 $60.88
2022-07-20 $55.04 $57.95 $60.86
2022-07-21 $55.02 $57.92 $60.83
2022-07-22 $54.99 $57.90 $60.80
2022-07-25 $54.96 $57.87 $60.78
2022-07-26 $54.94 $57.84 $60.75
2022-07-27 $54.91 $57.82 $60.72
2022-07-28 $54.88 $57.79 $60.70
2022-07-29 $54.86 $57.76 $60.67
2022-08-01 $54.83 $57.74 $60.64
2022-08-02 $54.80 $57.71 $60.62
2022-08-03 $54.78 $57.68 $60.59
2022-08-04 $54.75 $57.66 $60.56
2022-08-05 $54.72 $57.63 $60.54
2022-08-08 $54.70 $57.60 $60.51
2022-08-09 $54.67 $57.58 $60.48
2022-08-10 $54.64 $57.55 $60.46
2022-08-11 $54.62 $57.53 $60.43
2022-08-12 $54.59 $57.50 $60.41
2022-08-15 $54.57 $57.47 $60.38
2022-08-16 $54.54 $57.45 $60.35
2022-08-17 $54.51 $57.42 $60.33

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About Encore Capital Group Inc

Encore Capital Group Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions for consumers and property owners across a range of financial assets worldwide. The company operates in two segments, Portfolio Purchasing and Recovery, and Tax Liens. The Portfolio Purchasing and Recovery segment purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by... Read more

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