Exchange Income Co. (TSE:EIF) Receives C$98.35 Consensus PT from Brokerages

Exchange Income Co. (TSE:EIF) has been assigned a consensus recommendation of “Buy” from the thirteen analysts that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$98.35.

Several research analysts have recently commented on the company. BMO Capital Markets boosted their price target on Exchange Income from C$69.50 to C$80.00 in a research report on Monday, November 10th. Royal Bank Of Canada lifted their target price on Exchange Income from C$94.00 to C$103.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. National Bank Financial boosted their target price on shares of Exchange Income from C$109.00 to C$110.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Raymond James Financial raised their price target on shares of Exchange Income from C$100.00 to C$110.00 and gave the company a “strong-buy” rating in a report on Tuesday, February 3rd. Finally, Canadian Imperial Bank of Commerce lifted their price objective on shares of Exchange Income from C$93.00 to C$106.00 in a research report on Wednesday, January 21st.

Exchange Income Price Performance

Shares of EIF opened at C$98.31 on Tuesday. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. The company has a 50 day moving average price of C$89.69 and a 200-day moving average price of C$79.61. Exchange Income has a fifty-two week low of C$45.00 and a fifty-two week high of C$101.18. The stock has a market capitalization of C$5.51 billion, a PE ratio of 35.62, a PEG ratio of 1.42 and a beta of 1.01.

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

Exchange Income Company Profile

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.