The Exchange Income Co. (EIF) Receives Average Rating of “Buy” from Analysts

The Exchange Income Co. (EIF) Receives Average Rating of “Buy” from Analysts

EIF has been the subject of several recent analyst reports. Canaccord Genuity dropped their price objective on Exchange Income from C$49.50 to C$49.00 in a research note on Friday, February 24th. TD Securities upgraded Exchange Income from a “hold” rating to a “buy” rating and increased their price objective for the stock from C$44.00 to C$45.00 in a research note on Thursday, May 11th. Royal Bank of Canada dropped their price objective on Exchange Income from C$42.00 to C$38.00 and set a “sector perform” rating for the company in a research note on Thursday, May 11th. Scotiabank reiterated an “outperform” rating and set a C$44.00 price objective on shares of Exchange Income in a research note on Friday, February 24th. Finally, Raymond James Financial, Inc. upgraded Exchange Income from an “outperform” rating to a “strong-buy” rating and set a C$48.00 price objective for the company in a research note on Friday, February 24th.

Exchange Income Co. (TSE:EIF) has earned a consensus rating of “Buy” from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$45.22.

Shares of Exchange Income (EIF) opened at 33.55 on Monday. The firm has a market cap of $1.04 billion and a P/E ratio of 17.27. Exchange Income has a 12-month low of $30.51 and a 12-month high of $45.28. The company has a 50-day moving average of $35.44 and a 200 day moving average of $39.19. In other Exchange Income news, insider Adam Terwin bought 4,000 shares of the stock in a transaction dated Tuesday, May 23rd. The stock was bought at an average cost of C$34.40 per share, for a total transaction of C$137,600.00. Also, Director Edward Warkentin bought 1,375 shares of the stock in a transaction dated Thursday, May 11th. The stock was acquired at an average price of C$35.45 per share, with a total value of C$48,743.75. Over the last 90 days, insiders bought 11,500 shares of company stock valued at $394,050.

Exchange Income Company Profile Exchange Income Corporation is focused on opportunities in aerospace and aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:EIF”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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