Alert: Major Price Advance (11/2/23)-Encore Capital Group Inc (NASDAQ: ECPG).


Encore Capital Group Inc (NASDAQ: ECPG) stock enjoyed a major increase of 10.4% on 11/2/23. The shares closed at $41.33. The stock has performed in line with the market over the last nine months and has risen 4.2% during the last week.


Current PriceTarget Research Rating

ECPG is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Encore Capital Group has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Encore Capital Group has a very high Appreciation Score of 92 but a poor Power Rating of 30, triggering the High Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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