Exchange Income (TSE:EIF) Given New C$109.00 Price Target at National Bankshares

Exchange Income (TSE:EIF) had its target price upped by National Bankshares from C$88.00 to C$109.00 in a research note released on Tuesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other analysts have also recently issued reports about the company. CIBC upped their target price on Exchange Income from C$85.50 to C$93.00 in a report on Monday, November 10th. Scotiabank upped their price objective on shares of Exchange Income from C$80.00 to C$90.00 in a research note on Monday, November 10th. Raymond James Financial lifted their target price on shares of Exchange Income from C$92.00 to C$100.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 9th. TD Securities boosted their target price on shares of Exchange Income from C$92.00 to C$102.00 and gave the company a “buy” rating in a report on Monday. Finally, Canaccord Genuity Group upped their price target on shares of Exchange Income from C$85.00 to C$107.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$93.81.

Exchange Income Stock Performance

Shares of Exchange Income stock opened at C$93.38 on Tuesday. The stock has a market cap of C$5.23 billion, a price-to-earnings ratio of 33.83, a P/E/G ratio of 1.42 and a beta of 0.90. Exchange Income has a twelve month low of C$45.00 and a twelve month high of C$94.81. The company’s fifty day moving average is C$82.68 and its 200 day moving average is C$75.68. 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 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 for the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%. Sell-side analysts forecast that Exchange Income will post 3.9962963 EPS for the current 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.