Exchange Income Co. (TSE:EIF) Given Average Rating of “Buy” by Brokerages

Exchange Income Co. (TSE:EIF) has been assigned an average rating of “Buy” from the thirteen brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$85.19.

Several research firms have issued reports on EIF. Raymond James Financial boosted their target price on Exchange Income from C$90.00 to C$92.00 in a research report on Monday, November 10th. Royal Bank Of Canada set a C$94.00 price target on shares of Exchange Income and gave the company an “outperform” rating in a research report on Tuesday, November 25th. BMO Capital Markets boosted their target price on shares of Exchange Income from C$69.50 to C$80.00 in a research note on Monday, November 10th. Ventum Financial set a C$81.00 price target on Exchange Income and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Finally, National Bankshares increased their target price on Exchange Income from C$84.00 to C$88.00 in a research report on Monday, November 10th.

Exchange Income Price Performance

EIF stock opened at C$84.32 on Monday. The business has a 50 day moving average price of C$78.63 and a 200 day moving average price of C$71.57. Exchange Income has a fifty-two week low of C$45.00 and a fifty-two week high of C$84.60. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. The stock has a market cap of C$4.58 billion, a price-to-earnings ratio of 30.55, a PEG ratio of 1.42 and a beta of 0.68.

Exchange Income (TSE:EIF) last announced its earnings results on Friday, November 7th. The company reported C$1.46 earnings per share (EPS) for the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%.The firm had revenue of C$959.74 million during the quarter. Equities research analysts anticipate 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.