Brokerages Set Exchange Income Co. (TSE:EIF) PT at C$85.19

Exchange Income Co. (TSE:EIF) has received a consensus rating of “Buy” from the thirteen analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$85.19.

EIF has been the topic of a number of recent analyst reports. National Bankshares raised their price target on Exchange Income from C$84.00 to C$88.00 in a research report on Monday, November 10th. CIBC upped their price objective on shares of Exchange Income from C$85.50 to C$93.00 in a research report on Monday, November 10th. Royal Bank Of Canada set a C$94.00 target price on shares of Exchange Income and gave the company an “outperform” rating in a report on Tuesday, November 25th. Raymond James Financial upped their price target on shares of Exchange Income from C$90.00 to C$92.00 in a report on Monday, November 10th. Finally, Ventum Financial set a C$81.00 price objective on shares of Exchange Income and gave the company a “buy” rating in a research note on Tuesday, September 16th.

Exchange Income Stock Down 0.5%

Shares of EIF opened at C$84.09 on Monday. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. Exchange Income has a 12 month low of C$45.00 and a 12 month high of C$85.15. The firm’s 50 day moving average is C$79.06 and its 200-day moving average is C$72.05. The stock has a market capitalization of C$4.57 billion, a PE ratio of 30.47, a P/E/G ratio of 1.42 and a beta of 0.68.

Exchange Income (TSE:EIF) last issued its quarterly earnings results on Friday, November 7th. The company reported C$1.46 earnings per share (EPS) for the quarter. The business had revenue of C$959.74 million for the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%. Equities research analysts forecast that Exchange Income will post 3.9962963 EPS for the current year.

Exchange Income Company Profile

Exchange Income Corp is a diversified acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets. Its Aerospace and Aviation segment is a key revenue driver, recognizes revenue from the provision of flight, flight ancillary services, and the sale or lease of aircraft and aftermarket parts.