Brokerages Set Exchange Income Co. (TSE:EIF) PT at C$98.35

Exchange Income Co. (TSE:EIF) has been assigned an average rating of “Buy” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$98.35.

EIF has been the topic of several research reports. National Bank Financial raised their target price on shares of Exchange Income from C$109.00 to C$110.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Ventum Financial raised their price target on Exchange Income from C$95.00 to C$110.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Desjardins lifted their price objective on Exchange Income from C$87.00 to C$102.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Raymond James Financial increased their target price on Exchange Income from C$100.00 to C$110.00 and gave the company a “strong-buy” rating in a report on Tuesday, February 3rd. Finally, BMO Capital Markets raised their target price on Exchange Income from C$69.50 to C$80.00 in a research report on Monday, November 10th.

Exchange Income Price Performance

EIF opened at C$98.31 on Tuesday. The company’s 50-day simple moving average is C$90.05 and its two-hundred day simple moving average is C$79.93. 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 stock has a market capitalization of C$5.51 billion, a P/E ratio of 35.62, a P/E/G ratio of 1.42 and a beta of 1.01. Exchange Income has a 52-week low of C$45.00 and a 52-week high of C$101.18.

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.