Exchange Income (TSE:EIF) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Exchange Income (TSE:EIF) had its price target raised by Raymond James Financial from C$100.00 to C$110.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “strong-buy” rating on the stock. Raymond James Financial’s price target indicates a potential upside of 11.35% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Royal Bank Of Canada lifted their price target on shares of 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. Canaccord Genuity Group lifted their target price on Exchange Income from C$107.00 to C$109.00 and gave the company a “buy” rating in a research report on Tuesday. Desjardins increased their price target on Exchange Income from C$87.00 to C$102.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Ventum Financial raised their price target on Exchange Income from C$95.00 to C$110.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, TD Securities upped their price objective on shares of Exchange Income from C$92.00 to C$102.00 and gave the stock a “buy” rating in a research note on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$98.35.

Exchange Income Stock Down 1.6%

Shares of EIF opened at C$98.79 on Tuesday. The firm has a fifty day moving average price of C$87.19 and a 200-day moving average price of C$78.03. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. The firm has a market capitalization of C$5.54 billion, a P/E ratio of 35.79, a P/E/G ratio of 1.42 and a beta of 1.01. Exchange Income has a 12-month low of C$45.00 and a 12-month high of C$101.18.

Exchange Income (TSE:EIF) last announced its quarterly earnings data on Friday, November 7th. The company reported C$1.46 earnings per share 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 research analysts expect that Exchange Income will post 3.9962963 earnings per share 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.