CIBC Boosts Exchange Income (TSE:EIF) Price Target to C$35.50

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Exchange Income (TSE:EIF) had its price target raised by CIBC from C$30.00 to C$35.50 in a research report report published on Monday, BayStreet.CA reports.

EIF has been the subject of several other reports. Canaccord Genuity set a C$35.00 target price on Exchange Income and gave the company a buy rating in a report on Tuesday, June 23rd. Raymond James set a C$45.00 target price on Exchange Income and gave the company a strong-buy rating in a report on Thursday, August 6th. TD Securities lowered their price target on Exchange Income from C$38.00 to C$30.00 and set a buy rating for the company in a research report on Thursday, May 7th. Finally, Scotiabank upped their price target on Exchange Income from C$26.00 to C$27.00 in a research report on Thursday, August 6th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Exchange Income currently has an average rating of Buy and an average price target of C$38.69.

Shares of EIF stock opened at C$31.47 on Monday. The stock has a market capitalization of $965.88 million and a PE ratio of 14.83. Exchange Income has a 1-year low of C$12.57 and a 1-year high of C$46.10. The business has a 50-day moving average of C$27.74 and a 200 day moving average of C$28.94. The company has a debt-to-equity ratio of 178.93, a current ratio of 2.47 and a quick ratio of 1.49.

Exchange Income Company Profile

Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers scheduled airline and charter services, and emergency medical services to communities located in Manitoba, Ontario, and Nunavut, as well as Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.

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Analyst Recommendations for Exchange Income (TSE:EIF)

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