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

Exchange Income Co. (TSE:EIF) has been assigned a consensus recommendation of “Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$69.00.

Several research analysts recently weighed in on the stock. Paradigm Capital set a C$69.00 price target on shares of Exchange Income and gave the stock a “buy” rating in a research report on Thursday, January 30th. CIBC increased their target price on Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Finally, Scotiabank lowered their price target on Exchange Income from C$65.00 to C$64.00 in a research note on Friday, February 28th.

Exchange Income Stock Up 1.1 %

Shares of EIF opened at C$51.30 on Friday. The firm has a market cap of C$2.56 billion, a P/E ratio of 20.10, a PEG 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 moving average is C$52.55 and its two-hundred day moving average is C$53.88. 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 Transactions at Exchange Income

In other Exchange Income news, Director Michael Pyle purchased 4,000 shares of Exchange Income stock in a transaction dated Friday, February 28th. The shares were acquired at an average price of C$50.26 per share, with a total value of C$201,052.00. Also, Director Edward Warkentin acquired 1,011 shares of the stock in a transaction dated 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. In the last three months, insiders have purchased 30,366 shares of company stock worth $1,513,686. 6.44% of the stock is currently owned by insiders.

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.