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

Shares of Exchange Income Co. (TSE:EIF) have received a consensus rating of “Buy” from the eight analysts that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$70.00.

Several analysts recently issued reports on EIF shares. Royal Bank of Canada raised their price target on Exchange Income from C$65.00 to C$71.00 in a report on Thursday, November 14th. CIBC boosted their target price on shares of Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Paradigm Capital set a C$69.00 price target on shares of Exchange Income and gave the company a “buy” rating in a research note on Thursday, January 30th. Ventum Cap Mkts raised Exchange Income to a “strong-buy” rating in a report on Tuesday, November 5th. Finally, National Bankshares increased their price objective on Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th.

Exchange Income Stock Performance

Shares of EIF opened at C$53.23 on Friday. The company has a debt-to-equity ratio of 171.03, a current ratio of 1.77 and a quick ratio of 1.13. Exchange Income has a 12-month low of C$43.08 and a 12-month high of C$59.32. The business’s fifty day moving average price is C$56.24 and its 200 day moving average price is C$53.11. The stock has a market capitalization of C$2.53 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04.

Exchange Income (TSE:EIF) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$1.29 EPS for the quarter, beating the consensus estimate of C$1.19 by C$0.10. Exchange Income had a net margin of 4.44% and a return on equity of 9.38%. During the same period last year, the firm posted $1.19 earnings per share. Equities research analysts forecast that Exchange Income will post 3.9962963 EPS for the current year.

About Exchange Income

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.