Trade Report: Today, Exchange Income Co. (EIF) Given New C$49.00 Price Target at Laurentian

Today, Exchange Income Co. (EIF) Given New C$49.00 Price Target at Laurentian

Exchange Income Co. (TSE:EIF) had its price objective hoisted by Laurentian from C$41.00 to C$49.00 in a research note released on Thursday.

Several other brokerages have also recently issued reports on EIF. Scotiabank boosted their price objective on Exchange Income from C$37.00 to C$38.50 and gave the company an outperform rating in a report on Thursday, August 11th. National Bank Financial boosted their price objective on Exchange Income from C$42.00 to C$47.00 and gave the company an outperform rating in a report on Monday. Canaccord Genuity boosted their price objective on Exchange Income from C$35.00 to C$42.00 and gave the company a buy rating in a report on Thursday, August 11th. RBC Capital Markets boosted their price objective on Exchange Income from C$36.00 to C$40.00 in a report on Thursday, August 11th. Finally, CIBC boosted their price objective on Exchange Income from C$36.00 to C$39.00 in a report on Friday, November 11th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Exchange Income has an average rating of Buy and an average price target of C$42.89.

Exchange Income (TSE:EIF) opened at 43.30 on Thursday. The firm’s 50-day moving average price is $38.43 and its 200 day moving average price is $34.39. The stock has a market cap of $1.24 billion and a PE ratio of 21.48. Exchange Income has a 12-month low of $21.21 and a 12-month high of $43.72.

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