Exchange Income Co. (TSE:EIF) Director Buys C$50,087.97 in Stock

Exchange Income Co. (TSE:EIF) Director Edward Warkentin purchased 1,011 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of C$49.54 per share, for a total transaction of C$50,087.97.

Exchange Income Price Performance

Shares of EIF stock opened at C$51.05 on Thursday. The business has a fifty day simple moving average of C$54.72 and a 200 day simple moving average of C$53.71. The company has a market cap of C$2.55 billion, a P/E ratio of 20.00, a P/E/G ratio of 1.42 and a beta of 2.04. 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 Co. has a twelve month low of C$43.08 and a twelve month high of C$59.32.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on EIF shares. Scotiabank decreased their target price on shares of Exchange Income from C$65.00 to C$64.00 in a research report on Friday, February 28th. National Bankshares raised their price objective on Exchange Income from C$61.00 to C$68.00 in a research note on Monday, November 11th. Paradigm Capital set a C$69.00 price objective on Exchange Income and gave the company a “buy” rating in a report on Thursday, January 30th. Canaccord Genuity Group increased their target price on Exchange Income from C$70.00 to C$72.00 in a report on Tuesday, November 12th. Finally, Royal Bank of Canada boosted their price target on Exchange Income from C$65.00 to C$71.00 in a research note on Thursday, November 14th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Exchange Income presently has an average rating of “Buy” and a consensus price target of C$69.00.

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.