Exchange Income (TSE:EIF) Given New C$100.00 Price Target at Raymond James Financial

Exchange Income (TSE:EIF) had its price target lifted by Raymond James Financial from C$92.00 to C$100.00 in a research note released on Friday,BayStreet.CA reports. They currently have a strong-buy rating on the stock.

EIF has been the subject of several other reports. Scotiabank raised their price objective on Exchange Income from C$80.00 to C$90.00 in a research note on Monday, November 10th. Ventum Financial set a C$81.00 price target on Exchange Income and gave the stock a “buy” rating in a research report on Tuesday, September 16th. BMO Capital Markets lifted their price objective on shares of Exchange Income from C$69.50 to C$80.00 in a research note 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 research note on Tuesday, November 25th. Finally, CIBC lifted their price target on shares of Exchange Income from C$85.50 to C$93.00 in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Exchange Income presently has a consensus rating of “Buy” and an average target price of C$85.81.

Exchange Income Price Performance

EIF stock opened at C$88.71 on Friday. Exchange Income has a 52 week low of C$45.00 and a 52 week high of C$89.25. The firm has a market capitalization of C$4.97 billion, a P/E ratio of 32.14, a price-to-earnings-growth ratio of 1.42 and a beta of 0.90. The company has a fifty day simple moving average of C$80.82 and a two-hundred day simple moving average of C$74.17. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72.

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

About Exchange Income

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.