Exchange Income Co. (TSE:EIF) Director Michael Pyle purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was bought at an average price of C$33.64 per share, for a total transaction of C$67,280.00.

Shares of Exchange Income Co. (TSE EIF) opened at 33.67 on Wednesday. The stock has a market capitalization of $1.04 billion and a price-to-earnings ratio of 15.69. Exchange Income Co. has a 52-week low of $25.80 and a 52-week high of $45.28. The firm’s 50 day moving average is $30.04 and its 200 day moving average is $33.91.

The company also recently announced a monthly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st were given a $0.175 dividend. This is an increase from Exchange Income’s previous monthly dividend of $0.16. This represents a $2.10 annualized dividend and a yield of 6.24%. The ex-dividend date was Thursday, July 27th.

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A number of research firms have recently commented on EIF. TD Securities cut their price target on shares of Exchange Income from C$45.00 to C$42.00 and set a “buy” rating on the stock in a report on Monday, July 24th. Canaccord Genuity cut their price target on shares of Exchange Income from C$44.00 to C$42.00 and set a “buy” rating on the stock in a report on Friday, July 21st. Scotiabank cut their price target on shares of Exchange Income from C$43.00 to C$42.00 and set an “outperform” rating on the stock in a report on Friday, July 21st. CIBC cut their price target on shares of Exchange Income from C$39.00 to C$35.00 and set a “neutral” rating on the stock in a report on Friday, July 21st. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a C$38.00 price target on shares of Exchange Income in a report on Friday, July 7th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$43.56.

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.

Insider Buying and Selling by Quarter for Exchange Income (TSE:EIF)

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