Exchange Income (OTCMKTS:EIFZF) Lifted to “Outperform” at Scotiabank

Scotiabank upgraded shares of Exchange Income (OTCMKTS:EIFZFGet Rating) from a sector perform rating to an outperform rating in a research note issued to investors on Wednesday, The Fly reports. The firm currently has $56.00 price target on the stock.

A number of other equities analysts also recently commented on the company. Canaccord Genuity Group decreased their target price on Exchange Income from C$53.00 to C$52.00 in a report on Monday, January 24th. CIBC increased their price objective on Exchange Income from C$44.00 to C$47.00 in a report on Thursday, April 14th. Finally, TD Securities decreased their price objective on Exchange Income from C$52.00 to C$49.00 in a report on Wednesday, May 4th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Exchange Income has a consensus rating of Buy and a consensus target price of $54.75.

Shares of Exchange Income stock opened at $34.82 on Wednesday. The business has a 50 day moving average of $32.79 and a 200 day moving average of $33.52. Exchange Income has a 52 week low of $29.43 and a 52 week high of $37.72.

About Exchange Income (Get Rating)

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, Nunavut, British Columbia, and Alberta, as well as Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.

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