Exchange Income (TSE:EIF) Price Target Raised to C$107.00

Exchange Income (TSE:EIF) had its target price increased by Canaccord Genuity Group from C$85.00 to C$107.00 in a research report released on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the stock. Scotiabank upped their target price on shares of Exchange Income from C$80.00 to C$90.00 in a research report on Monday, November 10th. BMO Capital Markets boosted their price objective on Exchange Income from C$69.50 to C$80.00 in a research report on Monday, November 10th. Raymond James Financial increased their price objective on Exchange Income from C$92.00 to C$100.00 and gave the stock a “strong-buy” rating in a report on Friday, January 9th. Ventum Financial set a C$81.00 target price on Exchange Income and gave the company a “buy” rating in a research note on Tuesday, September 16th. Finally, National Bankshares boosted their price target on Exchange Income from C$84.00 to C$88.00 in a research report 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. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$88.58.

Exchange Income Stock Performance

EIF stock opened at C$88.36 on Tuesday. Exchange Income has a 1 year low of C$45.00 and a 1 year high of C$89.25. The stock has a market capitalization of C$4.95 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 1.42 and a beta of 0.90. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. The stock’s fifty day moving average is C$81.65 and its two-hundred day moving average is C$74.92.

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