Exchange Income (TSE:EIF) Stock Price Expected to Rise, National Bankshares Analyst Says

Exchange Income (TSE:EIF) had its price objective increased by equities researchers at National Bankshares from C$84.00 to C$88.00 in a research report issued on Monday,BayStreet.CA reports. National Bankshares’ target price suggests a potential upside of 18.66% from the stock’s current price.

Several other research firms have also recently commented on EIF. Cormark boosted their target price on Exchange Income from C$67.00 to C$78.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. Ventum Financial set a C$81.00 price objective on shares of Exchange Income and gave the company a “buy” rating in a report on Tuesday, September 16th. Raymond James Financial boosted their price objective on shares of Exchange Income from C$90.00 to C$92.00 in a research report on Monday. TD Securities increased their target price on shares of Exchange Income from C$70.00 to C$84.00 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Finally, Desjardins lifted their price target on shares of Exchange Income from C$73.00 to C$84.00 and gave the company a “buy” rating in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Exchange Income has an average rating of “Buy” and an average price target of C$84.50.

Exchange Income Stock Performance

EIF opened at C$74.16 on Monday. The company has a market capitalization of C$4.03 billion, a price-to-earnings ratio of 28.20, a P/E/G ratio of 1.42 and a beta of 0.70. The business’s 50-day moving average price is C$74.46 and its two-hundred day moving average price is C$66.75. Exchange Income has a 1 year low of C$45.00 and a 1 year high of C$78.91. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13.

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.