Exchange Income (TSE:EIF) Price Target Raised to C$102.00 at TD Securities

Exchange Income (TSE:EIF) had its target price lifted by TD Securities from C$92.00 to C$102.00 in a report issued on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Several other research firms also recently commented on EIF. National Bankshares increased their price objective on Exchange Income from C$84.00 to C$88.00 in a report on Monday, November 10th. Raymond James Financial increased their price target on shares of Exchange Income from C$92.00 to C$100.00 and gave the company a “strong-buy” rating in a research note on Friday, January 9th. Scotiabank lifted their price objective on shares of Exchange Income from C$80.00 to C$90.00 in a research report on Monday, November 10th. Royal Bank Of Canada upped their target price on shares of Exchange Income from C$94.00 to C$103.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Finally, BMO Capital Markets raised their target price on shares of Exchange Income from C$69.50 to C$80.00 in a research note on Monday, November 10th. One equities research 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$89.96.

Exchange Income Price Performance

Shares of TSE EIF opened at C$93.35 on Monday. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13. The business has a 50-day moving average of C$82.30 and a 200-day moving average of C$75.49. The stock has a market capitalization of C$5.23 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 1.42 and a beta of 0.90. Exchange Income has a fifty-two week low of C$45.00 and a fifty-two week high of C$93.77.

Exchange Income (TSE:EIF) last issued its quarterly earnings results on Friday, November 7th. The company reported C$1.46 EPS for the quarter. The firm had revenue of C$959.74 million during the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%. As a group, sell-side analysts predict that Exchange Income will post 3.9962963 earnings per share for the current fiscal 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.