Exchange Income (TSE:EIF) Stock Price Expected to Rise, TD Securities Analyst Says

Exchange Income (TSE:EIF) had its target price lifted by research analysts at TD Securities from C$92.00 to C$102.00 in a report issued on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 9.61% from the stock’s current price.

A number of other research analysts have also weighed in on the stock. Raymond James Financial raised their price target on shares of Exchange Income from C$92.00 to C$100.00 and gave the company a “strong-buy” rating in a research note on Friday, January 9th. Canaccord Genuity Group increased their price target on shares of Exchange Income from C$85.00 to C$107.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Royal Bank Of Canada raised their price objective on Exchange Income from C$94.00 to C$103.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. National Bankshares boosted their target price on Exchange Income from C$84.00 to C$88.00 in a research report on Monday, November 10th. Finally, Scotiabank lifted their price objective on shares of Exchange Income from C$80.00 to C$90.00 in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Exchange Income has a consensus rating of “Buy” and a consensus price target of C$89.96.

Exchange Income Stock Performance

Shares of TSE EIF traded up C$1.93 during mid-day trading on Monday, hitting C$93.06. The stock had a trading volume of 133,945 shares, compared to its average volume of 138,312. Exchange Income has a twelve month low of C$45.00 and a twelve month high of C$93.44. The firm has a market cap of C$5.22 billion, a PE ratio of 33.72, a PEG ratio of 1.42 and a beta of 0.90. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. The company has a 50 day moving average of C$81.93 and a two-hundred day moving average of C$75.28.

Exchange Income (TSE:EIF) last posted its earnings results on Friday, November 7th. The company reported C$1.46 earnings per share (EPS) 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$959.74 million during the quarter. Research analysts predict that Exchange Income will post 3.9962963 EPS 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.