Exchange Income (TSE:EIF) Reaches New 52-Week High – What’s Next?

Exchange Income Co. (TSE:EIFGet Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as C$100.97 and last traded at C$100.73, with a volume of 49699 shares trading hands. The stock had previously closed at C$100.10.

Key Exchange Income News

Here are the key news stories impacting Exchange Income this week:

  • Positive Sentiment: Royal Bank of Canada raised its target from C$103 to C$133 and set an “outperform” rating (~22.4% upside). BayStreet.CA
  • Positive Sentiment: Ventum Financial raised its target from C$110 to C$135 and issued a “buy” (~24.2% upside). BayStreet.CA TickerReport
  • Positive Sentiment: TD Securities lifted its target from C$102 to C$125 and has a “buy” rating (~14.9% upside). BayStreet.CA
  • Positive Sentiment: National Bank Financial increased its target from C$110 to C$125 and moved to “outperform” (~15.0% upside). BayStreet.CA
  • Positive Sentiment: Canaccord Genuity raised its target from C$109 to C$116 with a “buy” rating (~6.6% upside). BayStreet.CA
  • Positive Sentiment: Scotiabank moved its target from C$105 to C$121 and to “outperform” (~11.2% upside). BayStreet.CA
  • Positive Sentiment: Raymond James lifted its target from C$110 to C$125 and set a “strong‑buy” (~~14.9% upside). BayStreet.CA TickerReport
  • Positive Sentiment: ATB Cormark Capital Markets raised its target from C$120 to C$125 and holds a “buy” (~14.9% upside). BayStreet.CA
  • Positive Sentiment: CIBC bumped its target from C$106 to C$120 and moved to “outperform” (~10.3% upside). BayStreet.CA
  • Neutral Sentiment: Recent fundamentals: Q4 EPS C$1.06, revenue C$929.6M; trailing P/E ~39.6 and high debt‑to‑equity (~173.7%) — supportive revenues but valuation and leverage are items investors may weigh.
  • Negative Sentiment: BMO Capital Markets raised its target from C$80 to C$100 but kept a “market perform” rating — the target implies ~8.1% downside versus the current share price, providing a counterpoint to the bullish consensus. BayStreet.CA

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Ventum Financial increased their target price on Exchange Income from C$110.00 to C$135.00 and gave the stock a “buy” rating in a report on Thursday. Raymond James Financial lifted their target price on shares of Exchange Income from C$110.00 to C$125.00 and gave the stock a “strong-buy” rating in a report on Thursday. Royal Bank Of Canada raised their price target on Exchange Income from C$103.00 to C$133.00 and gave the stock an “outperform” rating in a research report on Thursday. BMO Capital Markets upped their price objective on Exchange Income from C$80.00 to C$100.00 and gave the company a “market perform” rating in a report on Thursday. Finally, TD Securities increased their target price on Exchange Income from C$102.00 to C$125.00 and gave the company a “buy” rating in a research note on Thursday. One equities 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 stock. According to MarketBeat, Exchange Income presently has an average rating of “Buy” and a consensus price target of C$114.42.

Read Our Latest Analysis on Exchange Income

Exchange Income Trading Up 1.0%

The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. The firm has a market capitalization of C$6.12 billion, a P/E ratio of 39.58, a PEG ratio of 1.42 and a beta of 1.01. The business has a 50 day moving average of C$92.71 and a 200-day moving average of C$81.55.

Exchange Income (TSE:EIFGet Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported C$1.06 earnings per share for the quarter. Exchange Income had a net margin of 4.64% and a return on equity of 9.73%. The company had revenue of C$929.55 million during the quarter. Analysts anticipate that Exchange Income Co. will post 3.9962963 EPS for the current fiscal year.

Exchange Income Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Exchange Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exchange Income and related companies with MarketBeat.com's FREE daily email newsletter.