Exchange Income (TSE:EIF) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Exchange Income (TSE:EIF) had its price objective hoisted by stock analysts at Royal Bank Of Canada from C$94.00 to C$103.00 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 17.88% from the stock’s previous close.

EIF has been the topic of several other research reports. Ventum Financial set a C$81.00 price target on shares of Exchange Income and gave the company a “buy” rating in a research report on Tuesday, September 16th. Scotiabank increased their target price on shares of Exchange Income from C$80.00 to C$90.00 in a research note on Monday, November 10th. CIBC lifted their price target on Exchange Income from C$85.50 to C$93.00 in a research note on Monday, November 10th. National Bankshares upped their price target on Exchange Income from C$84.00 to C$88.00 in a report on Monday, November 10th. Finally, Raymond James Financial increased their price target on Exchange Income from C$92.00 to C$100.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$88.58.

Exchange Income Stock Up 0.7%

Shares of EIF stock opened at C$87.38 on Monday. Exchange Income has a twelve month low of C$45.00 and a twelve month high of C$89.25. The stock has a market cap of C$4.90 billion, a P/E ratio of 31.66, a P/E/G ratio of 1.42 and a beta of 0.90. The stock has a 50 day moving average of C$81.20 and a 200 day moving average of C$74.74. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72.

Exchange Income (TSE:EIF) last released its quarterly earnings data on Friday, November 7th. The company reported C$1.46 EPS for the quarter. The business had revenue of C$959.74 million for the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%. As a group, sell-side analysts expect that Exchange Income will post 3.9962963 EPS for the current 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.