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

Shares of Exchange Income Co. (TSE:EIF) have been assigned a consensus recommendation of “Buy” from the fourteen ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, eleven have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$81.11.

EIF has been the subject of a number of research analyst reports. Raymond James Financial increased their target price on shares of Exchange Income from C$85.00 to C$90.00 and gave the company a “strong-buy” rating in a report on Wednesday, October 1st. ATB Capital increased their target price on shares of Exchange Income from C$70.00 to C$81.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. CIBC increased their target price on shares of Exchange Income from C$74.50 to C$84.50 and gave the company an “outperform” rating in a report on Wednesday, August 13th. BMO Capital Markets increased their target price on shares of Exchange Income from C$65.50 to C$69.50 in a report on Monday, September 29th. Finally, National Bankshares increased their target price on shares of Exchange Income from C$71.00 to C$84.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th.

Exchange Income Stock Up 0.1%

Exchange Income stock opened at C$76.84 on Friday. The firm has a market capitalization of C$3.94 billion, a P/E ratio of 29.22, a P/E/G ratio of 1.42 and a beta of 0.76. Exchange Income has a twelve month low of C$45.00 and a twelve month high of C$78.91. The stock’s fifty day simple moving average is C$73.87 and its 200-day simple moving average is C$65.31. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72.

Exchange Income Dividend Announcement

The business also recently announced a sep 25 dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th were issued a $0.22 dividend. Exchange Income’s dividend payout ratio (DPR) is presently 100.38%.

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.