Canaccord Genuity Group Issues Positive Forecast for Exchange Income (TSE:EIF) Stock Price

Exchange Income (TSE:EIF) had its price objective raised by Canaccord Genuity Group from C$109.00 to C$116.00 in a research report released on Thursday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently commented on the stock. Royal Bank Of Canada increased their price target on shares of Exchange Income from C$103.00 to C$133.00 and gave the company an “outperform” rating in a report on Thursday. ATB Cormark Capital Markets lifted their target price on Exchange Income from C$120.00 to C$125.00 and gave the stock a “buy” rating in a report on Thursday. BMO Capital Markets boosted their target price on Exchange Income from C$80.00 to C$100.00 and gave the company a “market perform” rating in a research report on Thursday. Desjardins raised their price target on 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, TD Securities boosted their price objective on shares of Exchange Income from C$102.00 to C$125.00 and gave the company a “buy” rating in a research report on Thursday. 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 MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$114.42.

Exchange Income Trading Up 1.0%

EIF stock opened at C$109.23 on Thursday. The firm has a fifty day moving average price of C$93.21 and a 200 day moving average price of C$81.74. Exchange Income has a fifty-two week low of C$45.00 and a fifty-two week high of C$111.00. The firm has a market cap of C$6.12 billion, a PE ratio of 39.58, a price-to-earnings-growth ratio of 1.42 and a beta of 1.01. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76.

Exchange Income (TSE:EIF) last released its quarterly earnings data on Tuesday, February 24th. The company reported C$1.06 EPS for the quarter. Exchange Income had a net margin of 4.64% and a return on equity of 9.73%. The business had revenue of C$929.55 million during the quarter. Sell-side analysts anticipate that Exchange Income will post 3.9962963 earnings per share for the current fiscal year.

Exchange Income News Summary

Here are the key news stories impacting Exchange Income this week:

• Positive Sentiment: Royal Bank of Canada raised its target from C$103 to C$133 and set an “outperform” rating (~22.4% upside). BayStreet.CA
• Positive Sentiment: Ventum Financial raised its target from C$110 to C$135 and issued a “buy” (~24.2% upside). BayStreet.CA TickerReport
• Positive Sentiment: TD Securities lifted its target from C$102 to C$125 and has a “buy” rating (~14.9% upside). BayStreet.CA
• Positive Sentiment: National Bank Financial increased its target from C$110 to C$125 and moved to “outperform” (~15.0% upside). BayStreet.CA
• Positive Sentiment: Canaccord Genuity raised its target from C$109 to C$116 with a “buy” rating (~6.6% upside). BayStreet.CA
• Positive Sentiment: Scotiabank moved its target from C$105 to C$121 and to “outperform” (~11.2% upside). BayStreet.CA
• Positive Sentiment: Raymond James lifted its target from C$110 to C$125 and set a “strong‑buy” (~~14.9% upside). BayStreet.CA TickerReport
• Positive Sentiment: ATB Cormark Capital Markets raised its target from C$120 to C$125 and holds a “buy” (~14.9% upside). BayStreet.CA
• Positive Sentiment: CIBC bumped its target from C$106 to C$120 and moved to “outperform” (~10.3% upside). BayStreet.CA
• Neutral Sentiment: Recent fundamentals: Q4 EPS C$1.06, revenue C$929.6M; trailing P/E ~39.6 and high debt‑to‑equity (~173.7%) — supportive revenues but valuation and leverage are items investors may weigh.
• Negative Sentiment: BMO Capital Markets raised its target from C$80 to C$100 but kept a “market perform” rating — the target implies ~8.1% downside versus the current share price, providing a counterpoint to the bullish consensus. BayStreet.CA

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.