Exchange Income Co. (OTCMKTS:EIFZF) Receives Average Rating of “Buy” from Brokerages

Exchange Income Co. (OTCMKTS:EIFZF) has been given an average recommendation of “Buy” by the six brokerages that are currently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company.

EIFZF has been the subject of several research reports. Scotiabank reiterated an “outperform” rating on shares of Exchange Income in a research report on Thursday, July 16th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Exchange Income in a research note on Wednesday, June 10th. Finally, BMO Capital Markets upgraded Exchange Income to an “outperform” rating in a report on Wednesday, May 13th.

Exchange Income Stock Up 1.6%

Shares of Exchange Income stock opened at $89.17 on Friday. Exchange Income has a 1 year low of $48.69 and a 1 year high of $94.68. The firm’s 50 day moving average is $89.92 and its 200 day moving average is $79.45.

About Exchange Income

Exchange Income Corporation (OTCMKTS:EIFZF) is a Winnipeg, Manitoba–based diversified acquisition company specializing in aerospace & aviation services and manufacturing. Through its subsidiaries, Exchange Income offers commercial and charter flight operations, medevac and search-and-rescue support, parts distribution, and maintenance, repair and overhaul (MRO) services for fixed- and rotary-wing aircraft. The company’s manufacturing operations produce precision-machined components, electromechanical products and specialized equipment tailored to utilities, mining and other industrial sectors.

Since its inception in 2005, Exchange Income has pursued a disciplined growth strategy built on targeted acquisitions and operational improvements.