Exchange Income Co. (TSE:EIF) had its price target dropped by analysts at Scotiabank from C$44.00 to C$43.00 in a research report issued on Thursday, May 11th. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 47.01% from the company’s current price.
A number of other analysts also recently weighed in on the company. TD Securities upgraded Exchange Income from a “hold” rating to a “buy” rating and lifted their price target for the company from C$44.00 to C$45.00 in a research note on Thursday, May 11th. Canaccord Genuity decreased their price target on Exchange Income from C$49.00 to C$44.00 and set a “buy” rating on the stock in a research note on Thursday, May 11th. Royal Bank of Canada decreased their price target on Exchange Income from C$42.00 to C$38.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 11th. Finally, Raymond James Financial, Inc. upgraded Exchange Income from an “outperform” rating to a “strong-buy” rating and set a C$48.00 price target on the stock in a research note on Friday, February 24th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Exchange Income presently has a consensus rating of “Buy” and an average price target of C$45.22.
Exchange Income (TSE EIF) opened at 29.25 on Thursday. The company has a 50 day moving average of $33.98 and a 200-day moving average of $38.46. The stock has a market cap of $910.93 million and a P/E ratio of 15.05. Exchange Income has a 12-month low of $28.63 and a 12-month high of $45.28.
COPYRIGHT VIOLATION WARNING: This story was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://www.com-unik.info/2017/06/17/exchange-income-co-eif-pt-lowered-to-c43-00-updated-updated-updated.html.
In other Exchange Income news, insider Adam Terwin bought 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was purchased at an average cost of C$34.40 per share, for a total transaction of C$137,600.00. Also, Director Gary Filmon bought 2,700 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was acquired at an average price of C$32.03 per share, with a total value of C$86,481.00. Over the last three months, insiders bought 15,543 shares of company stock valued at $524,662.
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.
What are top analysts saying about Exchange Income Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Exchange Income Co. and related companies.