Exchange Income (TSE:EIF) Price Target Lowered to C$64.00 at Scotiabank

Exchange Income (TSE:EIF) had its price objective decreased by Scotiabank from C$65.00 to C$64.00 in a research note issued to investors on Friday,BayStreet.CA reports.

EIF has been the subject of several other research reports. CIBC raised their target price on Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Canaccord Genuity Group raised their price objective on Exchange Income from C$70.00 to C$72.00 in a research note on Tuesday, November 12th. Paradigm Capital set a C$69.00 price objective on Exchange Income and gave the company a “buy” rating in a research note on Thursday, January 30th. Royal Bank of Canada lifted their target price on Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th. Finally, Ventum Financial set a C$74.00 target price on Exchange Income and gave the company a “buy” rating in a research report on Tuesday, November 5th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$69.00.

Exchange Income Trading Down 0.6 %

TSE EIF opened at C$50.38 on Friday. The business has a 50 day simple moving average of C$55.16 and a 200 day simple moving average of C$53.55. Exchange Income has a one year low of C$43.08 and a one year high of C$59.32. The stock has a market capitalization of C$2.51 billion, a P/E ratio of 19.74, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13.

Insider Buying and Selling at Exchange Income

In related news, Director Michael Pyle purchased 4,000 shares of Exchange Income stock in a transaction dated Friday, February 28th. The stock was bought at an average cost of C$50.26 per share, for a total transaction of C$201,052.00. Insiders have bought a total of 4,355 shares of company stock worth $219,415 over the last ninety days. 6.44% of the stock is currently owned by company insiders.

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.