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

Exchange Income Co. (TSE:EIF) has been given an average recommendation of “Buy” by the eight brokerages that are currently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$68.22.

Several brokerages have commented on EIF. Scotiabank lowered their price target on Exchange Income from C$65.00 to C$64.00 in a report on Friday, February 28th. 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. Finally, Royal Bank of Canada lowered their price target on Exchange Income from C$71.00 to C$64.00 and set an “outperform” rating on the stock in a research report on Wednesday.

Exchange Income Stock Performance

Shares of TSE EIF opened at C$48.84 on Wednesday. The business’s 50-day simple moving average is C$50.30 and its 200-day simple moving average is C$53.70. 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 has a 52 week low of C$43.08 and a 52 week high of C$59.32. The firm has a market cap of C$2.44 billion, a price-to-earnings ratio of 19.13, a P/E/G ratio of 1.42 and a beta of 2.04.

Insider Buying and Selling at Exchange Income

In related news, Director Michael Pyle purchased 4,000 shares of the stock in a transaction on Friday, February 28th. The shares were purchased at an average cost of C$50.26 per share, for a total transaction of C$201,052.00. Also, Director Brad Bennett acquired 25,000 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of C$49.77 per share, with a total value of C$1,244,182.50. Insiders have acquired 30,311 shares of company stock valued at $1,510,455 in the last 90 days. 6.44% of the stock is currently owned by company 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.