Exchange Income Co. (TSE:EIF) has received an average recommendation of “Buy” from the nine brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$43.67.

Several research firms have recently weighed in on EIF. TD Securities increased their price target on Exchange Income from C$42.00 to C$43.00 and gave the company a “buy” rating in a report on Friday, October 6th. Scotiabank reduced 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 note on Friday, July 21st. CIBC reduced 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 note on Friday, July 21st. Canaccord Genuity reduced 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 note on Friday, July 21st. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a C$38.00 price objective on shares of Exchange Income in a research note on Friday, July 7th.

In other Exchange Income news, Director Gary Buckley purchased 3,400 shares of the business’s stock in a transaction on Thursday, August 17th. The stock was acquired at an average price of C$29.89 per share, for a total transaction of C$101,626.00. Also, Director Brad Bennett purchased 2,000 shares of the business’s stock in a transaction on Friday, August 4th. The stock was acquired at an average price of C$29.73 per share, with a total value of C$59,460.00. Insiders bought a total of 32,600 shares of company stock valued at $981,955 over the last 90 days.

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About Exchange Income

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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