Exchange Income (TSE:EIF) had its price target upped by investment analysts at AltaCorp Capital from C$51.00 to C$52.00 in a research report issued on Monday, BayStreet.CA reports. AltaCorp Capital’s price target would indicate a potential upside of 18.75% from the company’s previous close.
A number of other research firms also recently commented on EIF. National Bank Financial restated an “outperform” rating and set a C$47.00 price objective on shares of Exchange Income in a report on Tuesday, October 29th. CIBC upped their price objective on Exchange Income from C$42.00 to C$43.00 in a report on Monday. Royal Bank of Canada upped their price objective on Exchange Income from C$38.00 to C$40.00 and gave the stock a “sector perform” rating in a report on Friday, August 9th. Raymond James reiterated a “strong-buy” rating and issued a C$55.00 price target on shares of Exchange Income in a report on Monday, September 23rd. Finally, TD Securities increased their price target on Exchange Income from C$46.00 to C$47.00 and gave the company a “buy” rating in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$46.28.
Shares of EIF stock traded down C$0.58 on Monday, reaching C$43.79. 101,617 shares of the stock were exchanged, compared to its average volume of 92,787. The stock has a market cap of $1.52 billion and a P/E ratio of 19.78. The company has a quick ratio of 1.18, a current ratio of 2.25 and a debt-to-equity ratio of 184.79. The firm has a 50 day moving average of C$39.52 and a two-hundred day moving average of C$38.11. Exchange Income has a 1-year low of C$25.58 and a 1-year high of C$44.68.
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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