Exchange Income (TSE:EIF) had its price objective upped by investment analysts at Royal Bank of Canada from C$40.00 to C$43.00 in a note issued to investors on Monday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price would suggest a potential downside of 1.80% from the company’s current price.

Several other research analysts also recently commented on EIF. CIBC lifted their target price on shares of Exchange Income from C$42.00 to C$43.00 in a report on Monday. Canaccord Genuity boosted their price objective on shares of Exchange Income from C$44.00 to C$45.00 in a report on Monday. AltaCorp Capital boosted their price objective on shares of Exchange Income from C$51.00 to C$52.00 in a report on Monday. Raymond James restated a “strong-buy” rating and set a C$55.00 price objective on shares of Exchange Income in a report on Monday, September 23rd. Finally, TD Securities boosted their price objective on shares of Exchange Income from C$46.00 to C$47.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of C$46.28.

EIF traded down C$0.58 during trading on Monday, hitting C$43.79. The stock had a trading volume of 101,617 shares, compared to its average volume of 92,787. The firm has a market cap of $1.52 billion and a PE ratio of 19.78. Exchange Income has a 12 month low of C$25.58 and a 12 month high of C$44.68. The company has a current ratio of 2.25, a quick ratio of 1.18 and a debt-to-equity ratio of 184.79. The company has a 50 day simple moving average of C$39.52 and a 200-day simple moving average of C$38.11.

About Exchange Income

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

Further Reading: Dividend Yield

Analyst Recommendations for Exchange Income (TSE:EIF)

Receive News & Ratings for Exchange Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exchange Income and related companies with MarketBeat.com's FREE daily email newsletter.