Brokerages Set Exchange Income Co. (TSE:EIF) PT at C$125.75

Exchange Income Co. (TSE:EIF) has earned an average recommendation of “Buy” from the fourteen brokerages that are presently covering the firm, Marketbeat reports. Fourteen analysts have rated the stock with a buy rating. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$125.75.

Several research firms have commented on EIF. Royal Bank Of Canada reduced their price objective on Exchange Income from C$133.00 to C$127.00 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. National Bank Financial upped their price objective on Exchange Income from C$110.00 to C$125.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Paradigm Capital upped their price objective on Exchange Income from C$120.00 to C$122.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Scotiabank increased their target price on Exchange Income from C$121.00 to C$129.00 and gave the stock an “outperform” rating in a research note on Monday, March 9th. Finally, Raymond James Financial increased their target price on Exchange Income from C$130.00 to C$142.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th.

Exchange Income Stock Down 0.2%

EIF opened at C$133.62 on Monday. The business has a 50 day moving average price of C$112.16 and a two-hundred day moving average price of C$100.68. The company has a quick ratio of 1.13, a current ratio of 1.64 and a debt-to-equity ratio of 141.03. The company has a market cap of C$7.53 billion, a PE ratio of 38.51, a P/E/G ratio of 1.42 and a beta of 1.01. Exchange Income has a 52 week low of C$57.76 and a 52 week high of C$135.00.

Exchange Income (TSE:EIF) last posted its quarterly earnings data on Monday, May 11th. The company reported C$0.61 EPS for the quarter. The firm had revenue of C$866.58 million during the quarter. Exchange Income had a return on equity of 11.35% and a net margin of 5.41%. As a group, research analysts anticipate that Exchange Income will post 3.9962963 EPS for the current year.

Insider Activity

In other news, Director Duncan Draper Jessiman sold 3,000 shares of the stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of C$101.80, for a total transaction of C$305,400.00. Following the completion of the transaction, the director directly owned 6,080 shares of the company’s stock, valued at approximately C$618,944. This represents a 33.04% decrease in their position. Company insiders own 6.44% of the company’s stock.

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.