Exchange Income (TSE:EIF) Price Target Raised to C$121.00 at Scotiabank

Exchange Income (TSE:EIF) had its price target raised by Scotiabank from C$105.00 to C$121.00 in a report released on Thursday,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

Other research analysts also recently issued research reports about the company. Royal Bank Of Canada lifted their price objective on Exchange Income from C$103.00 to C$133.00 and gave the stock an “outperform” rating in a report on Thursday. National Bank Financial boosted their price objective on Exchange Income from C$110.00 to C$125.00 and gave the company an “outperform” rating in a research report on Thursday. BMO Capital Markets increased their price objective on Exchange Income from C$80.00 to C$100.00 and gave the company a “market perform” rating in a research note on Thursday. Desjardins lifted 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 note on Friday, January 23rd. Finally, Canadian Imperial Bank of Commerce upped their price target on shares of Exchange Income from C$106.00 to C$120.00 and gave the company an “outperform” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$114.42.

Exchange Income Trading Up 1.0%

EIF stock opened at C$109.23 on Thursday. The company has a market capitalization 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 has a one year low of C$45.00 and a one year high of C$111.00. The company’s 50 day moving average price is C$93.21 and its two-hundred day moving average price is C$81.74.

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

Exchange Income News Roundup

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

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.