Exchange Income Co. (TSE:EIF) Given Average Rating of “Buy” by Analysts

Shares of Exchange Income Co. (TSE:EIF) have earned an average rating of “Buy” from the thirteen research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$114.42.

A number of equities research analysts recently commented on EIF shares. Royal Bank Of Canada increased their price target on Exchange Income from C$103.00 to C$133.00 and gave the company an “outperform” rating in a research report on Thursday, February 26th. Canaccord Genuity Group upped their target price on shares of Exchange Income from C$109.00 to C$116.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. TD Securities increased their target price on shares of Exchange Income from C$102.00 to C$125.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Desjardins raised their price target on shares of Exchange Income from C$87.00 to C$102.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, Ventum Financial boosted their price target on shares of Exchange Income from C$110.00 to C$135.00 and gave the stock a “buy” rating in a report on Thursday, February 26th.

Exchange Income Stock Performance

Shares of EIF opened at C$101.04 on Friday. The firm has a market capitalization of C$5.67 billion, a P/E ratio of 32.38, a P/E/G ratio of 1.42 and a beta of 0.93. Exchange Income has a 52 week low of C$45.00 and a 52 week high of C$111.00. The stock has a 50 day moving average price of C$95.55 and a two-hundred day moving average price of C$83.04. The company has a debt-to-equity ratio of 149.91, a quick ratio of 1.13 and a current ratio of 1.71.

Exchange Income (TSE:EIF) last posted its earnings results on Tuesday, February 24th. The company reported C$1.06 earnings per share for the quarter. Exchange Income had a return on equity of 10.61% and a net margin of 5.11%.The company had revenue of C$929.55 million for the quarter. Equities analysts forecast that Exchange Income will post 3.9962963 earnings per share for the current fiscal year.

About Exchange Income

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: Aerospace & Aviation and Manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.