Exchange Income (TSE:EIF) Price Target Raised to C$103.00

Exchange Income (TSE:EIF) had its price target lifted by Royal Bank Of Canada from C$94.00 to C$103.00 in a research note released on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

EIF has been the topic of a number of other reports. National Bankshares upped their price objective on Exchange Income from C$84.00 to C$88.00 in a research report on Monday, November 10th. Scotiabank increased their price target on Exchange Income from C$80.00 to C$90.00 in a report 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. Raymond James Financial lifted their price objective on shares of Exchange Income from C$92.00 to C$100.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 9th. Finally, CIBC increased their target price on shares of Exchange Income from C$85.50 to C$93.00 in a research note on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$88.58.

Exchange Income Price Performance

EIF stock opened at C$87.52 on Monday. 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$4.91 billion, a P/E ratio of 31.71, 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$81.40 and a two-hundred day simple moving average of C$74.83. 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 posted its earnings results on Friday, November 7th. The company reported C$1.46 earnings per share 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.