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

Exchange Income Co. (TSE:EIF) has earned a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$69.00.

A number of equities research analysts have recently commented on EIF shares. CIBC upped their target price on shares of Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. National Bankshares upped their target price on shares of Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th. Paradigm Capital set a C$69.00 target price on shares of Exchange Income and gave the company a “buy” rating in a report on Thursday, January 30th. Scotiabank reduced their target price on shares of Exchange Income from C$65.00 to C$64.00 in a report on Friday. Finally, Ventum Financial set a C$74.00 target price on shares of Exchange Income and gave the company a “buy” rating in a report on Tuesday, November 5th.

Insider Buying and Selling

In related news, Director Michael Pyle bought 4,000 shares of the stock in a transaction on Friday, February 28th. The shares were bought at an average cost of C$50.26 per share, for a total transaction of C$201,052.00. Insiders bought 4,355 shares of company stock valued at $219,415 over the last ninety days. Corporate insiders own 6.44% of the company’s stock.

Exchange Income Price Performance

Shares of TSE:EIF opened at C$50.55 on Tuesday. The company has a 50-day simple moving average of C$55.04 and a 200-day simple moving average of C$53.66. Exchange Income has a one year low of C$43.08 and a one year 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 stock has a market capitalization of C$2.52 billion, a price-to-earnings ratio of 19.80, a PEG ratio of 1.42 and a beta of 2.04.

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.