Exchange Income (TSE:EIF) had its target price lifted by Scotiabank from C$42.00 to C$43.00 in a research note issued on Wednesday, November 15th. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price objective points to a potential upside of 16.25% from the company’s current price.
Several other brokerages have also recently issued reports on EIF. TD Securities raised their price objective on Exchange Income from C$42.00 to C$43.00 and gave the stock a “buy” rating in a research note on Friday, October 6th. Laurentian reduced their price objective on Exchange Income from C$48.00 to C$47.00 in a research note on Monday, November 13th. Laurentian Bank of Canada reduced their price objective on Exchange Income from C$48.00 to C$47.00 in a research note on Monday, November 13th. Royal Bank Of Canada raised their price objective on Exchange Income from C$38.00 to C$39.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 15th. Finally, Raymond James Financial raised their price objective on Exchange Income from C$48.00 to C$49.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, November 15th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$43.50.
Shares of Exchange Income (TSE:EIF) remained flat at $C$36.99 on Wednesday. The company’s stock had a trading volume of 62,548 shares, compared to its average volume of 162,013. Exchange Income has a 52-week low of C$25.80 and a 52-week high of C$45.28.
In related news, Director Michael Pyle bought 2,000 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were purchased at an average cost of C$33.64 per share, with a total value of C$67,280.00.
COPYRIGHT VIOLATION WARNING: “Exchange Income (EIF) Price Target Raised to C$43.00 at Scotiabank” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The original version of this piece can be read at https://www.dispatchtribunal.com/2017/12/04/scotiabank-increases-exchange-income-co-eif-price-target-to-c43-00.html.
Exchange Income Company Profile
Exchange Income Corporation is focused on opportunities in aerospace and aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut.
Receive News & Ratings for Exchange Income Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exchange Income Co. and related companies with MarketBeat.com's FREE daily email newsletter.