FY2017 Earnings Estimate for Exchange Income Co. (EIF) Issued By National Bank Financial

Exchange Income Co. (TSE:EIF) – Stock analysts at National Bank Financial lowered their FY2017 earnings per share (EPS) estimates for Exchange Income in a report issued on Tuesday. National Bank Financial analyst T. Johnson now forecasts that the company will post earnings of $1.98 per share for the year, down from their prior estimate of $2.08.

EIF has been the subject of several other reports. Raymond James Financial, Inc. raised Exchange Income from an “outperform” rating to a “strong-buy” rating and set a C$48.00 price objective for the company in a research report on Friday, February 24th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Exchange Income in a research report on Tuesday, May 2nd. Scotiabank lowered their price objective on Exchange Income from C$44.00 to C$43.00 and set an “outperform” rating for the company in a research report on Thursday, May 11th. TD Securities upped their price objective on Exchange Income from C$43.00 to C$44.00 and gave the stock a “hold” rating in a research report on Friday, February 24th. Finally, Canaccord Genuity lowered their price objective on Exchange Income from C$49.00 to C$44.00 and set a “buy” rating for the company in a research report on Thursday, May 11th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$45.22.

Earnings History and Estimates for Exchange Income (TSE:EIF)

COPYRIGHT VIOLATION NOTICE: This report was originally posted by WKRB News and is owned by of WKRB News. If you are viewing this report on another publication, it was illegally copied and republished in violation of U.S. and international trademark and copyright laws. The original version of this report can be accessed at https://www.wkrb13.com/markets/2229579/fy2017-earnings-estimate-for-exchange-income-co-eif-issued-by-national-bank-financial.html.

Shares of Exchange Income (TSE:EIF) opened at 29.25 on Thursday. The stock has a market capitalization of $910.93 million and a PE ratio of 15.05. The firm has a 50-day moving average price of $33.98 and a 200-day moving average price of $38.46. Exchange Income has a 1-year low of $28.63 and a 1-year high of $45.28.

In other news, Director Gary Filmon bought 2,700 shares of Exchange Income stock in a transaction dated Thursday, June 15th. The stock was acquired at an average cost of C$32.03 per share, with a total value of C$86,481.00. Also, Director Edward Warkentin bought 1,375 shares of Exchange Income stock in a transaction dated Thursday, May 11th. The stock was purchased at an average cost of C$35.45 per share, with a total value of C$48,743.75. Insiders bought a total of 15,543 shares of company stock valued at $524,662 over the last three months.

About Exchange Income

Exchange Income Corporation is focused on opportunities in aerospace and aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut.

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2229579/fy2017-earnings-estimate-for-exchange-income-co-eif-issued-by-national-bank-financial.html

Receive News & Ratings for Exchange Income Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exchange Income Co. and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.