Exchange Income Co. (TSE:EIF) had its target price increased by investment analysts at National Bank Financial from C$40.00 to C$42.00 in a report released on Friday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 2.99% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. 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. TD Securities upped their price target on Exchange Income from C$37.00 to C$38.00 and gave the company a “hold” rating in a report on Thursday, August 11th. RBC Capital Markets upped their price target on Exchange Income from C$36.00 to C$40.00 in a report on Thursday, August 11th. Royal Bank Of Canada upped their price target on Exchange Income from C$36.00 to C$40.00 in a report on Friday, August 12th. Finally, Canaccord Genuity upped their price target on Exchange Income from C$35.00 to C$42.00 and gave the company a “buy” rating in a report on Thursday, August 11th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. Exchange Income has an average rating of “Buy” and a consensus target price of C$39.00.

Analyst Recommendations for Exchange Income (TSE:EIF)

Shares of Exchange Income (TSE:EIF) opened at 40.78 on Friday. The company has a market cap of $1.16 billion and a PE ratio of 21.31. The stock has a 50 day moving average of $36.78 and a 200-day moving average of $33.68. Exchange Income has a 12 month low of $21.21 and a 12 month high of $40.85.

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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