Shares of Exchange Income Co. (OTCMKTS:EIFZF) have received a consensus rating of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $47.00.
A number of analysts have commented on EIFZF shares. CIBC boosted their target price on Exchange Income from C$42.00 to C$45.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 6th. TD Securities upped their price objective on Exchange Income from C$52.00 to C$53.00 and gave the company a “buy” rating in a research report on Monday, August 16th. National Bank Financial upped their price objective on Exchange Income from C$44.00 to C$46.00 and gave the company an “outperform” rating in a research report on Tuesday, August 3rd. Raymond James increased their target price on Exchange Income from C$47.00 to C$52.00 and gave the stock a “strong-buy” rating in a research report on Monday, August 16th. Finally, Royal Bank of Canada increased their target price on Exchange Income from C$43.00 to C$47.00 and gave the stock an “outperform” rating in a research report on Monday, August 16th.
EIFZF opened at $35.20 on Monday. The business’s fifty day moving average is $33.51 and its two-hundred day moving average is $32.52. Exchange Income has a one year low of $22.64 and a one year high of $35.26.
Exchange Income Corp. is a diversified, acquisition-oriented company, which focuses on opportunities in the manufacturing and aviation business. It operates through Aerospace and Aviation and Manufacturing segments. The Aerospace and Aviation segment provides scheduled airline and charter service and emergency medical services to communities located in Manitoba, Ontario, and Nunavut.
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