Exchange Income (TSE:EIF – Free Report) had its price objective upped by ATB Capital from C$66.00 to C$67.00 in a research report released on Monday morning, BayStreet.CA reports. ATB Capital currently has an outperform rating on the stock.
Separately, Canaccord Genuity Group increased their target price on shares of Exchange Income from C$66.00 to C$68.00 and gave the stock a buy rating in a research note on Monday. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Exchange Income presently has a consensus rating of Buy and a consensus target price of C$65.28.
View Our Latest Analysis on EIF
Exchange Income Price Performance
Exchange Income Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a $2.64 dividend on an annualized basis and a yield of 5.55%. Exchange Income’s payout ratio is 109.09%.
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.
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