Brad Bennett Purchases 25,000 Shares of Exchange Income Co. (TSE:EIF) Stock

Exchange Income Co. (TSE:EIF - Get Free Report) Director Brad Bennett bought 25,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of C$49.77 per share, with a total value of C$1,244,182.50.

Exchange Income Stock Down 0.0 %

Shares of TSE EIF traded down C$0.01 during mid-day trading on Friday, hitting C$50.18. The company had a trading volume of 95,285 shares, compared to its average volume of 112,036. Exchange Income Co. has a 1-year low of C$43.08 and a 1-year high of C$59.32. The company has a market capitalization of C$2.50 billion, a PE ratio of 19.66, a price-to-earnings-growth 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. The business's 50-day simple moving average is C$52.29 and its 200 day simple moving average is C$53.85.

Analysts Set New Price Targets

EIF has been the topic of a number of recent analyst reports. Scotiabank lowered their price target on shares of Exchange Income from C$65.00 to C$64.00 in a report on Friday, February 28th. CIBC lifted their price target on Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Finally, Paradigm Capital set a C$69.00 target price on Exchange Income and gave the stock a "buy" rating in a report on Thursday, January 30th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of C$69.00.

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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.