Exchange Income (TSE:EIF) Price Target Raised to C$110.00

Exchange Income (TSE:EIF) had its target price upped by National Bankshares from C$109.00 to C$110.00 in a research report report published on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other brokerages have also recently commented on EIF. TD Securities boosted their price target 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, January 19th. Ventum Financial lifted their target price on Exchange Income from C$95.00 to C$110.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. CIBC upped their target price on Exchange Income from C$93.00 to C$106.00 in a report on Wednesday, January 21st. Scotiabank increased their price target on Exchange Income from C$90.00 to C$105.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Finally, BMO Capital Markets raised their price target on Exchange Income from C$69.50 to C$80.00 in a research note on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of C$98.35.

Exchange Income Trading Down 0.4%

TSE:EIF opened at C$98.39 on Tuesday. The company has a market cap of C$5.52 billion, a P/E ratio of 35.65, a price-to-earnings-growth ratio of 1.42 and a beta of 1.01. Exchange Income has a twelve month low of C$45.00 and a twelve month high of C$101.18. The business has a 50 day moving average price of C$87.56 and a two-hundred day moving average price of C$78.17. 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 quarterly earnings data 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. As a group, analysts expect that Exchange Income will post 3.9962963 EPS 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.