Exchange Income (TSE:EIF) had its price objective boosted by Royal Bank of Canada from C$40.00 to C$43.00 in a research note published on Monday, BayStreet.CA reports. They currently have a sector perform rating on the stock.
A number of other research firms have also recently issued reports on EIF. CIBC boosted their price objective on Exchange Income from C$42.00 to C$43.00 in a research report on Monday. AltaCorp Capital boosted their price objective on Exchange Income from C$51.00 to C$52.00 in a research report on Monday. Canaccord Genuity boosted their price objective on Exchange Income from C$44.00 to C$45.00 in a research report on Monday. Raymond James restated a strong-buy rating and set a C$55.00 price objective on shares of Exchange Income in a research report on Monday, September 23rd. Finally, TD Securities boosted their price objective on Exchange Income from C$46.00 to C$47.00 and gave the company a buy rating in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Exchange Income presently has a consensus rating of Buy and a consensus price target of C$46.28.
Shares of EIF traded down C$0.58 on Monday, reaching C$43.79. 101,617 shares of the stock traded hands, compared to its average volume of 92,787. The firm has a market cap of $1.52 billion and a price-to-earnings ratio of 19.78. The company has a debt-to-equity ratio of 184.79, a current ratio of 2.25 and a quick ratio of 1.18. Exchange Income has a 12 month low of C$25.58 and a 12 month high of C$44.68. The stock’s 50-day moving average price is C$39.52 and its 200-day moving average price is C$38.11.
About Exchange Income
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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