Analysts Set Exchange Income Co. (TSE:EIF) Price Target at C$70.00

Exchange Income Co. (TSE:EIF) has received an average recommendation of “Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$70.00.

A number of analysts have recently commented on EIF shares. Canaccord Genuity Group boosted their price target on Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. Paradigm Capital set a C$69.00 price objective on shares of Exchange Income and gave the company a “buy” rating in a research note on Thursday. National Bankshares increased their price target on shares of Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th. Ventum Financial set a C$74.00 price objective on Exchange Income and gave the company a “buy” rating in a research report on Tuesday, November 5th. Finally, TD Securities decreased their price target on Exchange Income from C$69.00 to C$67.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd.

Exchange Income Price Performance

EIF stock opened at C$55.93 on Friday. The firm has a market cap of C$2.66 billion, a price-to-earnings ratio of 23.11, a PEG ratio of 1.42 and a beta of 2.04. Exchange Income has a 12-month low of C$43.08 and a 12-month high of C$59.32. The company has a quick ratio of 1.13, a current ratio of 1.77 and a debt-to-equity ratio of 171.03. The company’s fifty day simple moving average is C$56.47 and its 200 day simple moving average is C$52.99.

Exchange Income (TSE:EIF) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$1.29 EPS for the quarter, topping the consensus estimate of C$1.19 by C$0.10. Exchange Income had a net margin of 4.44% and a return on equity of 9.38%. During the same period last year, the firm posted $1.19 earnings per share. On average, analysts expect that Exchange Income will post 3.9962963 earnings per share for the current year.

Exchange Income Company Profile

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.