Brokerages Set Exchange Income Co. (TSE:EIF) PT at C$69.00

Exchange Income Co. (TSE:EIF - Get Free Report) has earned an average rating of "Buy" from the seven brokerages that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is C$69.00.

Several analysts have issued reports on EIF shares. CIBC boosted their target price on shares of Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Scotiabank decreased their price objective on Exchange Income from C$65.00 to C$64.00 in a research report on Friday, February 28th. Finally, Paradigm Capital set a C$69.00 target price on Exchange Income and gave the company a "buy" rating in a report on Thursday, January 30th.

Exchange Income Price Performance

TSE EIF traded up C$0.21 on Friday, reaching C$51.51. The company's stock had a trading volume of 94,227 shares, compared to its average volume of 113,039. The stock has a market cap of C$2.57 billion, a PE ratio of 20.18, a PEG ratio of 1.42 and a beta of 2.04. Exchange Income has a twelve month low of C$43.08 and a twelve month high of C$59.32. The firm's 50 day moving average is C$52.55 and its two-hundred day moving average is C$53.88. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76.

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Insider Activity at Exchange Income

In related news, Director Brad Bennett purchased 25,000 shares of Exchange Income stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of C$49.77 per share, for a total transaction of C$1,244,182.50. Also, Director Edward Warkentin purchased 1,011 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of C$49.54 per share, with a total value of C$50,087.97. Over the last ninety days, insiders bought 30,366 shares of company stock worth $1,513,686. 6.44% of the stock is owned by corporate 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.