National Bank Financial Reiterates Outperform Rating for Exchange Income Co. (EIF)
Exchange Income Co. (TSE:EIF)‘s stock had its “outperform” rating reiterated by equities research analysts at National Bank Financial in a note issued to investors on Tuesday. They currently have a C$42.00 price target on the stock. National Bank Financial’s price objective points to a potential upside of 18.31% from the company’s previous close.
Several other brokerages also recently weighed in on EIF. TD Securities lifted their price target on shares of Exchange Income from C$42.00 to C$43.00 and gave the company a “buy” rating in a report on Friday, October 6th. Canaccord Genuity lifted their price objective on shares of Exchange Income from C$42.00 to C$42.50 in a research report on Friday. Laurentian reduced their price objective on shares of Exchange Income from C$48.00 to C$47.00 in a research report on Monday, November 13th. Laurentian Bank of Canada reduced their price target on shares of Exchange Income from C$48.00 to C$47.00 in a research report on Monday, November 13th. Finally, Scotiabank lifted their price objective on shares of Exchange Income from C$42.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 15th. 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 stock. The company has an average rating of “Buy” and a consensus price target of C$43.28.
Shares of Exchange Income (TSE EIF) traded down C$0.14 during midday trading on Tuesday, hitting C$35.50. 107,004 shares of the stock were exchanged, compared to its average volume of 165,745. Exchange Income has a 12-month low of C$25.80 and a 12-month high of C$45.28.
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.
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