Shares of Exchange Income Co. (TSE:EIF) have been given an average recommendation of “Buy” by the ten ratings firms that are presently covering the stock. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$37.75.

Several equities research analysts recently issued reports on the company. RBC Capital Markets lifted their price objective on Exchange Income from C$36.00 to C$40.00 in a report on Thursday, August 11th. Scotiabank boosted their target price on Exchange Income from C$37.00 to C$38.50 and gave the stock an “outperform” rating in a report on Thursday, August 11th. CIBC boosted their target price on Exchange Income from C$34.50 to C$36.00 in a report on Thursday, August 11th. Royal Bank Of Canada boosted their target price on Exchange Income from C$36.00 to C$40.00 in a report on Friday, August 12th. Finally, Canaccord Genuity boosted their target price on Exchange Income from C$35.00 to C$42.00 and gave the stock a “buy” rating in a report on Thursday, August 11th.

Exchange Income (TSE:EIF) opened at 34.69 on Wednesday. The company has a 50-day moving average price of $34.79 and a 200 day moving average price of $31.98. The company has a market cap of $990.68 million and a PE ratio of 18.12. Exchange Income has a 52 week low of $21.21 and a 52 week high of $36.00.

About Exchange Income

Exchange Income Corporation is focused on opportunities in two sectors: aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation, which provides scheduled airline and charter service and emergency medical services to communities located in Manitoba, Ontario and Nunavut.

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