Brokerages Set Exchange Income Co. (TSE:EIF) Target Price at C$125.75

Exchange Income Co. (TSE:EIF) has been given a consensus rating of “Buy” by the fourteen analysts that are covering the stock, Marketbeat Ratings reports. Fourteen equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$125.75.

Several research firms recently weighed in on EIF. Ventum Financial increased their target price on shares of Exchange Income from C$110.00 to C$135.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. BMO Capital Markets upgraded shares of Exchange Income from a “market perform” rating to an “outperform” rating and increased their target price for the company from C$111.00 to C$120.00 in a research note on Wednesday, May 13th. ATB Cormark Capital Markets increased their target price on shares of Exchange Income from C$120.00 to C$125.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Scotiabank raised their price target on shares of Exchange Income from C$121.00 to C$129.00 and gave the stock an “outperform” rating in a research note on Monday, March 9th. Finally, Desjardins raised their price target on shares of Exchange Income from C$116.00 to C$120.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th.

Exchange Income Price Performance

TSE EIF opened at C$133.62 on Monday. The company has a debt-to-equity ratio of 141.03, a quick ratio of 1.13 and a current ratio of 1.64. The firm has a 50-day simple moving average of C$112.16 and a 200 day simple moving average of C$100.83. Exchange Income has a twelve month low of C$57.76 and a twelve month high of C$135.00. The stock has a market cap of C$7.53 billion, a PE ratio of 38.51, a PEG ratio of 1.42 and a beta of 1.01.

Exchange Income (TSE:EIF) last released its earnings results on Monday, May 11th. The company reported C$0.61 earnings per share for the quarter. Exchange Income had a net margin of 5.41% and a return on equity of 11.35%. The business had revenue of C$866.58 million during the quarter. On average, research analysts forecast that Exchange Income will post 3.9962963 EPS for the current year.

Insider Buying and Selling at Exchange Income

In other news, Director Duncan Draper Jessiman sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of C$101.80, for a total transaction of C$305,400.00. Following the completion of the sale, the director owned 6,080 shares of the company’s stock, valued at approximately C$618,944. This trade represents a 33.04% decrease in their ownership of the stock. Insiders own 6.44% of the company’s stock.

Exchange Income Company Profile

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: Aerospace & Aviation and Manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.