Exchange Income (TSE:EIF) Given New C$110.00 Price Target at Ventum Financial

Exchange Income (TSE:EIF) had its price objective raised by Ventum Financial from C$95.00 to C$110.00 in a research note issued to investors on Tuesday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. Royal Bank Of Canada increased their price target on shares of Exchange Income from C$94.00 to C$103.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. BMO Capital Markets upped their target price on shares of Exchange Income from C$69.50 to C$80.00 in a report on Monday, November 10th. Raymond James Financial increased 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. Canaccord Genuity Group boosted 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. Finally, TD Securities upped their price target on shares of Exchange Income from C$92.00 to C$102.00 and gave the stock a “buy” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of C$93.81.

Exchange Income Price Performance

Exchange Income stock opened at C$93.38 on Tuesday. The firm has a market capitalization of C$5.23 billion, a P/E ratio of 33.83, a PEG ratio of 1.42 and a beta of 0.90. Exchange Income has a one year low of C$45.00 and a one year high of C$94.81. 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 fifty day moving average price of C$82.68 and a 200-day moving average price of C$75.68.

Exchange Income (TSE:EIF) last released its quarterly earnings data on Friday, November 7th. The company reported C$1.46 earnings per share (EPS) for the quarter. The company 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%. As a group, equities research analysts forecast that Exchange Income will post 3.9962963 EPS for the current year.

About Exchange Income

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.