Exchange Income Co. (TSE:EIF) Receives Consensus Recommendation of “Buy” from Analysts

Exchange Income Co. (TSE:EIF) has received an average rating of “Buy” from the seven brokerages that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$69.00.

EIF has been the topic of a number of research analyst reports. National Bankshares boosted their target price on Exchange Income from C$61.00 to C$68.00 in a research report on Monday, November 11th. Royal Bank of Canada boosted their target price on Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th. Ventum Cap Mkts raised Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. CIBC boosted their target price on Exchange Income from C$66.00 to C$69.00 in a research report on Wednesday, December 4th. 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.

Insiders Place Their Bets

In other news, Director Michael Pyle bought 4,000 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of C$50.26 per share, for a total transaction of C$201,052.00. Insiders acquired a total of 4,355 shares of company stock worth $219,415 over the last 90 days. Corporate insiders own 6.44% of the company’s stock.

Exchange Income Stock Up 0.3 %

EIF stock opened at C$50.55 on Tuesday. The firm has a market cap of C$2.52 billion, a PE ratio of 19.80, a PEG ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. The firm’s 50 day moving average price is C$55.04 and its 200-day moving average price is C$53.66. Exchange Income has a one year low of C$43.08 and a one year high of C$59.32.

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.