Exchange Income Co. (TSE:EIF) Receives Consensus Rating of “Buy” from Analysts

Shares of Exchange Income Co. (TSE:EIF) have earned a consensus recommendation of “Buy” from the thirteen research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$93.81.

Several equities research analysts have recently weighed in on EIF shares. CIBC increased their price target on Exchange Income from C$85.50 to C$93.00 in a research note on Monday, November 10th. National Bankshares raised their price target on shares of Exchange Income from C$88.00 to C$109.00 and gave the stock an “outperform” rating in a report on Tuesday. Scotiabank boosted their price target on shares of Exchange Income from C$80.00 to C$90.00 in a research report on Monday, November 10th. TD Securities increased their price objective on shares of Exchange Income from C$92.00 to C$102.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Ventum Financial lifted their target price on shares of Exchange Income from C$95.00 to C$110.00 and gave the stock a “buy” rating in a research note on Tuesday.

Exchange Income Stock Performance

TSE:EIF opened at C$93.38 on Friday. The stock’s 50-day moving average is C$82.68 and its 200-day moving average is C$75.68. Exchange Income has a 1-year low of C$45.00 and a 1-year high of C$94.81. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. The stock has a market cap of C$5.23 billion, a P/E ratio of 33.83, a price-to-earnings-growth ratio of 1.42 and a beta of 0.90.

Exchange Income (TSE:EIF) last posted its 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 for the quarter. Equities research analysts anticipate that Exchange Income will post 3.9962963 earnings per share 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.