Exchange Income (TSE:EIF) Price Target Lowered to C$64.00 at Scotiabank

Exchange Income (TSE:EIF) had its price objective trimmed by Scotiabank from C$65.00 to C$64.00 in a research report released on Friday,BayStreet.CA reports.

Several other analysts also recently weighed in on EIF. National Bankshares upped their price objective on Exchange Income from C$61.00 to C$68.00 in a research report on Monday, November 11th. Ventum Cap Mkts upgraded Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. Canaccord Genuity Group increased their target price on Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. Ventum Financial set a C$74.00 target price on Exchange Income and gave the company a “buy” rating in a research report on Tuesday, November 5th. Finally, Royal Bank of Canada increased their target price on Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$69.00.

Exchange Income Price Performance

Shares of EIF stock opened at C$50.38 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. Exchange Income has a twelve month low of C$43.08 and a twelve month high of C$59.32. The company has a market cap of C$2.51 billion, a P/E ratio of 19.74, a P/E/G ratio of 1.42 and a beta of 2.04. The business has a fifty day simple moving average of C$55.16 and a 200 day simple moving average of C$53.55.

Insider Transactions at Exchange Income

In related news, Director Michael Pyle acquired 4,000 shares of the stock in a transaction dated Friday, February 28th. The stock was bought at an average cost of C$50.26 per share, for a total transaction of C$201,052.00. Insiders purchased 4,355 shares of company stock worth $219,415 over the last ninety days. 6.44% of the stock is owned by insiders.

About Exchange Income

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.