Exchange Income (TSE:EIF) Price Target Raised to C$92.00 at Raymond James Financial

Exchange Income (TSE:EIF) had its price objective raised by stock analysts at Raymond James Financial from C$90.00 to C$92.00 in a research note issued to investors on Monday,BayStreet.CA reports. Raymond James Financial’s target price points to a potential upside of 22.10% from the company’s current price.

EIF has been the topic of several other research reports. Desjardins lifted their price target on shares of Exchange Income from C$73.00 to C$84.00 and gave the company a “buy” rating in a report on Wednesday, August 13th. Cormark increased their price target on shares of Exchange Income from C$67.00 to C$78.50 and gave the company a “buy” rating in a report on Thursday, July 31st. TD Securities boosted their price objective on Exchange Income from C$70.00 to C$84.00 and gave the company a “buy” rating in a report on Wednesday, August 13th. Ventum Financial set a C$81.00 price objective on Exchange Income and gave the company a “buy” rating in a research report on Tuesday, September 16th. Finally, Paradigm Capital lifted their target price on shares of Exchange Income from C$68.00 to C$82.00 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of C$83.61.

Exchange Income Stock Down 2.6%

Shares of EIF stock traded down C$2.05 during mid-day trading on Monday, hitting C$75.35. The company’s stock had a trading volume of 179,120 shares, compared to its average volume of 117,053. The stock has a market cap of C$3.88 billion, a price-to-earnings ratio of 28.65, a PEG ratio of 1.42 and a beta of 0.70. 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 52-week low of C$45.00 and a 52-week high of C$78.91. The business has a 50-day moving average price of C$74.33 and a 200 day moving average price of C$66.41.

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.