Exchange Income (TSE:EIF) Price Target Raised to C$110.00

Exchange Income (TSE:EIF) had its price objective upped by Raymond James Financial from C$100.00 to C$110.00 in a research report report published on Tuesday,BayStreet.CA reports. They currently have a strong-buy rating on the stock.

A number of other analysts have also recently weighed in on the company. Canaccord Genuity Group upped their price target on Exchange Income from C$107.00 to C$109.00 and gave the company a “buy” rating in a research report on Tuesday. BMO Capital Markets boosted their target price on shares of Exchange Income from C$69.50 to C$80.00 in a research note on Monday, November 10th. Scotiabank upped their target price on shares of Exchange Income from C$90.00 to C$105.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Desjardins increased their target price on shares of Exchange Income from C$87.00 to C$102.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, CIBC boosted their price target on shares of Exchange Income from C$93.00 to C$106.00 in a research report on Wednesday, January 21st. 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. Based on data from MarketBeat.com, Exchange Income currently has a consensus rating of “Buy” and an average price target of C$98.35.

Exchange Income Stock Down 0.4%

Shares of EIF opened at C$98.39 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. The company has a 50-day moving average price of C$87.56 and a two-hundred day moving average price of C$78.17. The stock has a market cap of C$5.52 billion, a price-to-earnings ratio of 35.65, a P/E/G ratio of 1.42 and a beta of 1.01. Exchange Income has a 12 month low of C$45.00 and a 12 month high of C$101.18.

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