Edward Warkentin Buys 1,011 Shares of Exchange Income Co. (TSE:EIF) Stock

Exchange Income Co. (TSE:EIF) Director Edward Warkentin purchased 1,011 shares of the stock in a transaction on Tuesday, March 4th. The shares were bought at an average cost of C$49.54 per share, for a total transaction of C$50,087.97.

Exchange Income Stock Up 2.4 %

Exchange Income stock opened at C$51.05 on Thursday. The company’s 50-day moving average price is C$54.72 and its two-hundred day moving average price is C$53.71. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. The stock has a market cap of C$2.55 billion, a P/E ratio of 20.00, a P/E/G ratio of 1.42 and a beta of 2.04. Exchange Income Co. has a twelve month low of C$43.08 and a twelve month high of C$59.32.

Analyst Ratings Changes

EIF has been the subject of several analyst reports. CIBC raised their target price on shares of Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Scotiabank decreased their price objective on shares of Exchange Income from C$65.00 to C$64.00 in a research report on Friday, February 28th. Paradigm Capital set a C$69.00 target price on shares of Exchange Income and gave the company a “buy” rating in a report on Thursday, January 30th. Canaccord Genuity Group lifted their price target on Exchange Income from C$70.00 to C$72.00 in a report on Tuesday, November 12th. Finally, National Bankshares boosted their price target on Exchange Income from C$61.00 to C$68.00 in a research report on Monday, November 11th. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Exchange Income presently has an average rating of “Buy” and an average target price of C$69.00.

Exchange Income Company Profile

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.