Exchange Income (TSE:EIF) Given New C$64.00 Price Target at Scotiabank

Exchange Income (TSE:EIF) had its price target decreased by investment analysts at Scotiabank from C$65.00 to C$64.00 in a research note issued on Friday,BayStreet.CA reports. Scotiabank’s price target points to a potential upside of 27.87% from the stock’s current price.

Several other equities research analysts also recently weighed in on the stock. Paradigm Capital set a C$69.00 target price on shares of Exchange Income and gave the stock a “buy” rating in a research report on Thursday, January 30th. Royal Bank of Canada upped their price objective on Exchange Income from C$65.00 to C$71.00 in a research note on Thursday, November 14th. National Bankshares lifted their target price on Exchange Income from C$61.00 to C$68.00 in a research note on Monday, November 11th. CIBC boosted their target price on shares of Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Finally, Canaccord Genuity Group increased their price objective on Exchange Income from C$70.00 to C$72.00 in a research note on Tuesday, November 12th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Exchange Income presently has a consensus rating of “Buy” and an average price target of C$69.00.

Exchange Income Trading Down 0.8 %

EIF stock traded down C$0.40 during trading on Friday, reaching C$50.05. 62,695 shares of the stock traded hands, compared to its average volume of 108,670. The business’s 50 day moving average price is C$55.16 and its 200-day moving average price is C$53.55. The firm has a market capitalization of C$2.50 billion, a PE ratio of 19.61, a P/E/G ratio of 1.42 and a beta of 2.04. Exchange Income has a 52-week low of C$43.08 and a 52-week high of C$59.32. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13.

Exchange Income Company Profile

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.