Exchange Income Co. (TSE:EIF) Receives C$98.35 Consensus PT from Analysts

Exchange Income Co. (TSE:EIF) has received a consensus rating of “Buy” from the thirteen ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$98.35.

EIF has been the subject of a number of analyst reports. TD Securities increased their price target on Exchange Income from C$92.00 to C$102.00 and gave the company a “buy” rating in a research report on Monday, January 19th. BMO Capital Markets upped their target price on shares of Exchange Income from C$69.50 to C$80.00 in a research note on Monday, November 10th. Ventum Financial raised their price target on shares of Exchange Income from C$95.00 to C$110.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Desjardins boosted their price target on shares of Exchange Income from C$87.00 to C$102.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Canadian Imperial Bank of Commerce increased their price objective on shares of Exchange Income from C$93.00 to C$106.00 in a research note on Wednesday, January 21st.

Exchange Income Price Performance

Shares of TSE EIF opened at C$97.66 on Tuesday. The stock has a market cap of C$5.47 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 1.42 and a beta of 1.01. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. Exchange Income has a fifty-two week low of C$45.00 and a fifty-two week high of C$101.18. The firm’s 50-day simple moving average is C$89.33 and its 200 day simple moving average is C$79.29.

Exchange Income (TSE:EIF) last issued its quarterly earnings data on Friday, November 7th. The company reported C$1.46 EPS for the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%.The firm had revenue of C$959.74 million during the quarter. As a group, research analysts anticipate that Exchange Income will post 3.9962963 earnings per share for the current fiscal 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.