Exchange Income Co. (TSE:EIF) Given Consensus Recommendation of “Buy” by Analysts

Exchange Income Co. (TSE:EIF) has earned a consensus rating of “Buy” from the seven analysts that are covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$69.00.

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

Insider Activity

In other Exchange Income news, Director Michael Pyle purchased 4,000 shares of Exchange Income stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average price of C$50.26 per share, with a total value of C$201,052.00. Also, Director Edward Warkentin purchased 1,011 shares of the stock in a transaction on Tuesday, March 4th. The shares were acquired at an average price of C$49.54 per share, for a total transaction of C$50,087.97. Insiders purchased a total of 5,366 shares of company stock valued at $269,503 in the last quarter. 6.44% of the stock is currently owned by company insiders.

Exchange Income Price Performance

Shares of EIF stock opened at C$50.76 on Friday. Exchange Income has a fifty-two week low of C$43.08 and a fifty-two week high of C$59.32. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. The firm has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 19.89, a PEG ratio of 1.42 and a beta of 2.04. The stock’s 50-day simple moving average is C$52.63 and its 200-day simple moving average is C$53.80.

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.