Exchange Income Co. (TSE:EIF) Given Average Rating of “Buy” by Brokerages

Exchange Income Co. (TSE:EIF) has been assigned an average rating of “Buy” from the eight research firms that are currently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$70.00.

A number of research firms recently issued reports on EIF. Ventum Cap Mkts raised Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. National Bankshares raised their target price on shares of Exchange Income from C$61.00 to C$68.00 in a research note on Monday, November 11th. Paradigm Capital set a C$69.00 target price on shares of Exchange Income and gave the stock a “buy” rating in a report on Thursday, January 30th. CIBC increased their price target 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 boosted their price objective on shares of Exchange Income from C$70.00 to C$72.00 in a research note on Tuesday, November 12th.

Exchange Income Stock Down 0.2 %

Shares of EIF stock opened at C$51.62 on Tuesday. The firm’s fifty day moving average price is C$55.39 and its two-hundred day moving average price is C$53.55. Exchange Income has a 1 year low of C$43.08 and a 1 year high of C$59.32. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. The firm has a market capitalization of C$2.58 billion, a P/E ratio of 20.22, a PEG ratio of 1.42 and a beta of 2.04.

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.