Paradigm Capital Reiterates C$69.00 Price Target for Exchange Income (TSE:EIF)

Paradigm Capital set a C$69.00 target price on Exchange Income (TSE:EIF) in a research note issued to investors on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Canaccord Genuity Group upped their price target on shares of Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. National Bankshares upped their target price on shares of Exchange Income from C$61.00 to C$68.00 in a research report on Monday, November 11th. TD Securities cut their target price on shares of Exchange Income from C$69.00 to C$67.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Ventum Cap Mkts upgraded shares of Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. Finally, Ventum Financial set a C$74.00 target price on shares of Exchange Income and gave the company a “buy” rating in a research report on Tuesday, November 5th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$70.00.

Exchange Income Trading Down 2.1 %

Shares of EIF stock opened at C$55.93 on Thursday. Exchange Income has a 1 year low of C$43.08 and a 1 year high of C$59.32. The firm’s fifty day simple moving average is C$56.47 and its 200 day simple moving average is C$52.94. The firm has a market capitalization of C$2.66 billion, a P/E ratio of 23.11, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The company has a current ratio of 1.77, a quick ratio of 1.13 and a debt-to-equity ratio of 171.03.

Exchange Income (TSE:EIF) last announced its quarterly earnings results on Thursday, November 7th. The company reported C$1.29 earnings per share (EPS) for the quarter, beating 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 EPS. As a group, sell-side analysts predict that Exchange Income will post 3.9962963 EPS 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.