Exchange Income Co. (TSE:EIF) Director Purchases C$1,244,182.50 in Stock

Exchange Income Co. (TSE:EIF) Director Brad Bennett acquired 25,000 shares of the stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of C$49.77 per share, with a total value of C$1,244,182.50.

Exchange Income Price Performance

EIF stock opened at C$51.30 on Tuesday. The company has a market capitalization of C$2.56 billion, a P/E ratio of 20.10, a PEG ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. Exchange Income Co. has a 52-week low of C$43.08 and a 52-week high of C$59.32. The company has a fifty day moving average price of C$52.55 and a 200-day moving average price of C$53.88.

Analyst Ratings Changes

Several brokerages have commented on EIF. CIBC boosted their target price on Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Paradigm Capital set a C$69.00 price objective on shares of Exchange Income and gave the company a “buy” rating in a research note on Thursday, January 30th. Finally, Scotiabank cut their target price on shares of Exchange Income from C$65.00 to C$64.00 in a research report on Friday, February 28th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target 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.