Analyst Price Target is $59.50
▲ +29.74% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Encore Capital Group in the last 3 months. The average price target is $59.50, with a high forecast of $65.00 and a low forecast of $54.00. The average price target represents a 29.74% upside from the last price of $45.86.
Current Consensus is
Buy
The current consensus among 3 contributing investment analysts is to buy stock in Encore Capital Group. This Buy consensus rating has held steady for over two years.
Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions and other related services for consumers across a range of financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the early stage collections, business process outsourcing, contingent collections, trace services, and litigation activities; and provision of debt servicing and other portfolio management services to credit originator for non-performing loans. Encore Capital Group, Inc. was incorporated in 1999 and is headquartered in San Diego, California.
Read More
