Exchange Income Co. (TSE:EIF) Receives C$69.00 Consensus Target Price from Analysts

Exchange Income Co. (TSE:EIF) has earned a consensus recommendation of “Buy” from the seven analysts that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$69.00.

Several research firms recently commented on EIF. Paradigm Capital set a C$69.00 price target on shares of Exchange Income and gave the company a “buy” rating in a research report on Thursday, January 30th. Scotiabank dropped their target price on Exchange Income from C$65.00 to C$64.00 in a research report on Friday, February 28th. Finally, CIBC upped their price target on Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th.

Exchange Income Trading Down 0.0 %

Exchange Income stock opened at C$50.18 on Friday. The firm has a market cap of C$2.50 billion, a PE ratio of 19.66, a P/E/G ratio of 1.42 and a beta of 2.04. Exchange Income has a 12 month low of C$43.08 and a 12 month high of C$59.32. The stock’s 50 day simple moving average is C$52.29 and its two-hundred day simple moving average is C$53.85. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72.

Insider Buying and Selling

In other Exchange Income news, Director Michael Pyle acquired 4,000 shares of the business’s stock in a transaction on Friday, February 28th. The stock was bought at an average price of C$50.26 per share, for a total transaction of C$201,052.00. Also, Director Brad Bennett bought 25,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were bought at an average price of C$49.77 per share, for a total transaction of C$1,244,182.50. In the last three months, insiders have bought 30,366 shares of company stock worth $1,513,686. Insiders own 6.44% of the company’s stock.

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.