Exchange Income (TSE:EIF) Price Target Increased to C$69.00 by Analysts at TD Securities

Exchange Income (TSE:EIF) had its price target raised by TD Securities from C$65.00 to C$69.00 in a report published on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.

Other analysts also recently issued research reports about the company. CIBC lifted their price objective on Exchange Income from C$61.50 to C$62.50 and gave the stock an outperform rating in a research note on Monday. Canaccord Genuity Group boosted their target price on shares of Exchange Income from C$66.00 to C$68.00 and gave the stock a buy rating in a report on Monday. Finally, ATB Capital lifted their price target on Exchange Income from C$66.00 to C$67.00 and gave the stock an outperform rating in a research report on Monday. Seven analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Exchange Income currently has a consensus rating of Buy and a consensus price target of C$65.28.

Exchange Income Trading Up 0.9 %

Shares of Exchange Income stock opened at C$48.05 on Monday. Exchange Income has a twelve month low of C$42.05 and a twelve month high of C$50.10. The company has a quick ratio of 1.13, a current ratio of 1.77 and a debt-to-equity ratio of 171.03. The business has a 50-day moving average price of C$46.18 and a 200-day moving average price of C$46.92. The firm has a market cap of C$2.28 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 1.42 and a beta of 2.04.

Exchange Income Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st were given a dividend of $0.22 per share. The ex-dividend date was Wednesday, July 31st. This represents a $2.64 annualized dividend and a dividend yield of 5.49%. Exchange Income’s dividend payout ratio (DPR) is presently 109.09%.

Exchange Income Company Profile

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.