Brad Bennett Acquires 25,000 Shares of Exchange Income Co. (TSE:EIF) Stock

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

Exchange Income Stock Up 0.4 %

EIF opened at C$51.51 on Wednesday. The firm has a market cap of C$2.57 billion, a price-to-earnings ratio of 20.18, 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. The firm’s 50-day simple moving average is C$52.49 and its 200-day simple moving average is C$53.89. Exchange Income Co. has a twelve month low of C$43.08 and a twelve month high of C$59.32.

Analyst Ratings Changes

A number of research firms have recently issued reports on EIF. Scotiabank lowered their price objective on Exchange Income from C$65.00 to C$64.00 in a research report on Friday, February 28th. CIBC boosted their price target on shares of Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Finally, Paradigm Capital set a C$69.00 target price on shares of Exchange Income and gave the company a “buy” rating in a research report on Thursday, January 30th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Exchange Income currently has an average rating of “Buy” and a consensus target price 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.