National Bankshares Boosts Exchange Income (TSE:EIF) Price Target to C$110.00

Exchange Income (TSE:EIF) had its price target raised by equities researchers at National Bankshares from C$109.00 to C$110.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price would suggest a potential upside of 11.35% from the company’s current price.

EIF has been the subject of a number of other research reports. Canaccord Genuity Group boosted their target price on shares of Exchange Income from C$107.00 to C$109.00 and gave the stock a “buy” rating in a research note on Tuesday. CIBC boosted their price objective on Exchange Income from C$93.00 to C$106.00 in a research note on Wednesday, January 21st. Raymond James Financial raised their target price on Exchange Income from C$100.00 to C$110.00 and gave the company a “strong-buy” rating in a research report on Tuesday. 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. Finally, TD Securities increased their price objective on Exchange Income from C$92.00 to C$102.00 and gave the company a “buy” rating in a research note on Monday, January 19th. 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.com, the company currently has an average rating of “Buy” and an average price target of C$98.35.

Exchange Income Stock Down 1.6%

Exchange Income stock opened at C$98.79 on Tuesday. Exchange Income has a 12 month low of C$45.00 and a 12 month high of C$101.18. The stock has a market capitalization of C$5.54 billion, a PE ratio of 35.79, 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 current ratio of 1.76 and a quick ratio of 1.13. The business has a 50 day simple moving average of C$87.19 and a 200-day simple moving average of C$78.03.

Exchange Income (TSE:EIF) last issued its quarterly earnings results 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%. On average, analysts anticipate that Exchange Income will post 3.9962963 EPS for the current fiscal year.

About Exchange Income

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.