Exchange Income (TSE:EIF) had its target price increased by Canaccord Genuity from C$40.00 to C$43.00 in a report published on Monday morning, BayStreet.CA reports.
EIF has been the topic of several other research reports. National Bank Financial raised their price target on Exchange Income from C$42.00 to C$46.00 and gave the company an outperform rating in a research note on Thursday, August 8th. TD Securities raised their price target on Exchange Income from C$42.00 to C$46.00 and gave the company a buy rating in a research note on Thursday, May 9th. CIBC raised their price target on Exchange Income from C$39.50 to C$41.00 in a research note on Thursday, August 8th. Raymond James restated a strong-buy rating and set a C$49.00 price target on shares of Exchange Income in a research note on Friday, August 9th. Finally, Royal Bank of Canada raised their price target on Exchange Income from C$38.00 to C$40.00 and gave the company a sector perform rating in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Exchange Income currently has a consensus rating of Buy and an average price target of C$43.69.
Shares of Exchange Income stock opened at C$36.76 on Monday. The firm has a market cap of $1.27 billion and a P/E ratio of 16.60. The company has a current ratio of 2.25, a quick ratio of 1.18 and a debt-to-equity ratio of 184.79. Exchange Income has a 12 month low of C$25.58 and a 12 month high of C$41.35. The stock’s fifty day moving average price is C$38.54 and its 200-day moving average price is C$35.28.
Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers scheduled airline and charter services, and emergency medical services to communities located in Manitoba, Ontario, and Nunavut, as well as Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.
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