Insider Buying: Exchange Income Co. (TSE:EIF) Director Purchases 1,011 Shares of Stock

Exchange Income Co. (TSE:EIF) Director Edward Warkentin bought 1,011 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of C$49.54 per share, with a total value of C$50,087.97.

Exchange Income Stock Down 1.4 %

EIF opened at C$50.34 on Friday. The company has a fifty day moving average of C$54.57 and a two-hundred day moving average of C$53.69. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. Exchange Income Co. has a fifty-two week low of C$43.08 and a fifty-two week high of C$59.32. The stock has a market capitalization of C$2.51 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 1.42 and a beta of 2.04.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EIF shares. Scotiabank reduced their target price on shares of Exchange Income from C$65.00 to C$64.00 in a report on Friday, February 28th. Royal Bank of Canada upped their price objective on Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th. CIBC lifted their target price on Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Paradigm Capital set a C$69.00 price target on Exchange Income and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, National Bankshares raised their target price on shares of Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$69.00.

About Exchange Income

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.