Exchange Income Price Target Raised to $30.00 at CIBC (EIF)
Equities research analysts at CIBC boosted their price target on shares of Exchange Income (TSE: EIF) from $25.50 to $30.00 in a research note issued to investors on Friday. The firm currently has a “sector perform” rating on the stock.
EIF has been the subject of a number of other recent research reports. Analysts at Scotiabank raised their price target on shares of Exchange Income from $32.00 to $32.50 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Analysts at Stonecap Securities raised their price target on shares of Exchange Income from $31.00 to $33.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock.
Shares of Exchange Income traded up 0.67% during mid-day trading on Friday, hitting $28.75. Exchange Income has a one year low of $22.01 and a one year high of $29.25. The stock’s 50-day moving average is currently $27.88. The company has a market cap of $587.5 million and a P/E ratio of 21.16.
The company also recently declared a feb 13 dividend, which is scheduled for Friday, March 15th. Stockholders of record on Thursday, February 28th will be given a dividend of $0.14 per share.
Exchange Income Corporation (EIC) is a diversified, acquisition-oriented company focused on opportunities in the manufacturing and aviation segments.
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