Exchange Income Co. (TSE:EIF) had its price objective cut by equities researchers at Laurentian Bank of Canada from C$48.00 to C$47.00 in a research report issued on Monday. Laurentian Bank of Canada’s target price would indicate a potential upside of 46.69% from the company’s current price.

Several other equities analysts have also recently weighed in on EIF. Laurentian cut their price objective on Exchange Income from C$48.00 to C$47.00 in a research report on Monday. TD Securities cut their price objective on Exchange Income from C$45.00 to C$42.00 and set a “buy” rating for the company in a research report on Monday, July 24th. Canaccord Genuity cut their price objective on Exchange Income from C$44.00 to C$42.00 and set a “buy” rating for the company in a research report on Friday, July 21st. Scotiabank cut their price objective on Exchange Income from C$43.00 to C$42.00 and set an “outperform” rating for the company in a research report on Friday, July 21st. Finally, CIBC cut their price objective on Exchange Income from C$39.00 to C$35.00 and set a “neutral” rating for the company in a research report on Friday, July 21st. Two investment 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 company’s stock. Exchange Income has an average rating of “Buy” and a consensus price target of C$43.22.

Exchange Income (TSE EIF) opened at C$32.04 on Monday. Exchange Income has a 12-month low of C$25.80 and a 12-month high of C$45.28.

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In other news, Director Gary Buckley purchased 3,400 shares of the business’s stock in a transaction on Thursday, August 17th. The stock was purchased at an average price of C$29.89 per share, with a total value of C$101,626.00. Also, Director Michael Pyle purchased 2,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The stock was purchased at an average cost of C$33.64 per share, with a total value of C$67,280.00. In the last ninety days, insiders acquired 19,000 shares of company stock valued at $577,930.

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.

Analyst Recommendations for Exchange Income (TSE:EIF)

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