Are Analysts Bearish Eclipse Resources Corp (NYSE:ECR) After Last Week?

July 17, 2017 - By Richard Conner

 Are Analysts Bearish Eclipse Resources Corp (NYSE:ECR) After Last Week?
Investors sentiment decreased to 1.16 in Q4 2016. Its down 0.59, from 1.75 in 2016Q3. It is negative, as 20 investors sold Eclipse Resources Corp shares while 25 reduced holdings. 14 funds opened positions while 38 raised stakes. 63.81 million shares or 10.71% less from 71.46 million shares in 2016Q3 were reported.
Jpmorgan Chase & has invested 0% in Eclipse Resources Corp (NYSE:ECR). Wells Fargo Com Mn holds 0% of its portfolio in Eclipse Resources Corp (NYSE:ECR) for 38,167 shares. Bnp Paribas Arbitrage Sa invested in 1,743 shares or 0% of the stock. The Minnesota-based Ameriprise Financial has invested 0% in Eclipse Resources Corp (NYSE:ECR). 761,897 are held by D E Shaw And Communication. Comml Bank Of America De reported 0% of its portfolio in Eclipse Resources Corp (NYSE:ECR). State Street reported 857,405 shares stake. Deutsche Savings Bank Ag reported 0% of its portfolio in Eclipse Resources Corp (NYSE:ECR). Northern Corp owns 750,557 shares for 0% of their portfolio. Pnc Fin Group Incorporated invested 0% in Eclipse Resources Corp (NYSE:ECR). Rhumbline Advisers has 58,424 shares for 0% of their portfolio. Blackstone Group Inc Limited Partnership holds 0.06% or 3.41M shares in its portfolio. Tfs Cap Limited Liability holds 0.02% or 25,565 shares. Blackrock Mgmt Ltd Co reported 237,471 shares. 28,056 are held by Amer Intl Grp.

Eclipse Resources Corp (NYSE:ECR) Ratings Coverage

Among 18 analysts covering Eclipse Resources (NYSE:ECR), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Eclipse Resources had 39 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Eclipse Resources Corp (NYSE:ECR) earned “Outperform” rating by RBC Capital Markets on Friday, November 13. Topeka Capital Markets maintained it with “Buy” rating and $5 target in Monday, October 12 report. The company was maintained on Thursday, May 25 by Barclays Capital. Stifel Nicolaus initiated the stock with “Buy” rating in Thursday, March 23 report. BMO Capital Markets maintained Eclipse Resources Corp (NYSE:ECR) rating on Wednesday, June 21. BMO Capital Markets has “Hold” rating and $300 target. The firm has “Buy” rating given on Wednesday, September 28 by GMP Securities. The stock of Eclipse Resources Corp (NYSE:ECR) earned “Neutral” rating by JP Morgan on Wednesday, December 9. The stock has “Buy” rating by RBC Capital Markets on Thursday, July 6. The rating was downgraded by Deutsche Bank on Tuesday, August 4 to “Hold”. The rating was upgraded by Seaport Global on Tuesday, June 7 to “Buy”. Below is a list of Eclipse Resources Corp (NYSE:ECR) latest ratings and price target changes.

06/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $3.5000 Maintain
29/06/2017 Broker: Scotia Capital Rating: Hold New Target: $3.5000
21/06/2017 Broker: BMO Capital Markets Rating: Hold New Target: $3.0000 Maintain
07/06/2017 Broker: KLR Group Rating: Buy New Target: $4.2500
21/06/2017 Broker: Seaport Global Old Rating: Buy New Rating: Neutral Downgrade
19/06/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $4.00 New Target: $5.00 Maintain
02/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $3.5000 Maintain
25/05/2017 Broker: Barclays Capital Rating: Hold New Target: $3.00 Maintain
23/03/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $4.00 Initiate
06/02/2017 Broker: Seaport Global Securities Old Rating: Neutral New Rating: Buy Old Target: $3.50 New Target: $4 Upgrade

About 671,427 shares traded. Eclipse Resources Corp (NYSE:ECR) has declined 1.59% since July 17, 2016 and is downtrending. It has underperformed by 18.29% the S&P500.

Eclipse Resources Corporation is an independent exploration and production company. The company has market cap of $692.84 million. The Firm is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. It currently has negative earnings. The Firm is the operator of the Utica Core Area and its Marcellus Project Area.

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