National Bankshares Forecasts Strong Price Appreciation for Exchange Income (TSE:EIF) Stock

Exchange Income (TSE:EIF) had its target price raised by stock analysts at National Bankshares from C$61.00 to C$68.00 in a research report issued on Monday,BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 22.41% from the stock’s current price.

A number of other equities analysts also recently commented on EIF. Canaccord Genuity Group boosted their target price on shares of Exchange Income from C$68.00 to C$70.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Ventum Cap Mkts upgraded Exchange Income to a “strong-buy” rating in a research note on Tuesday, November 5th. ATB Capital boosted their price target on Exchange Income from C$66.00 to C$67.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. CIBC boosted their price target on Exchange Income from C$61.50 to C$62.50 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Finally, TD Securities dropped their price target on Exchange Income from C$69.00 to C$67.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Eight equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$67.61.

Exchange Income Stock Performance

Shares of Exchange Income stock opened at C$55.55 on Monday. The company has a market capitalization of C$2.64 billion, a PE ratio of 22.95, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 171.03, a quick ratio of 1.13 and a current ratio of 1.77. The company has a 50-day simple moving average of C$52.64 and a two-hundred day simple moving average of C$48.69. Exchange Income has a one year low of C$43.08 and a one year high of C$57.69.

Exchange Income Company Profile

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.