Scotiabank Increases Exchange Income (TSE:EIF) Price Target to C$121.00

Exchange Income (TSE:EIF) had its price target upped by Scotiabank from C$105.00 to C$121.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price objective indicates a potential upside of 11.34% from the stock’s current price.

A number of other analysts have also recently weighed in on EIF. TD Securities increased their price target on shares of Exchange Income from C$102.00 to C$125.00 and gave the stock a “buy” rating in a research note on Thursday. Raymond James Financial upped their target price on shares of Exchange Income from C$110.00 to C$125.00 and gave the company a “strong-buy” rating in a report on Thursday. Desjardins raised their price target 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. Ventum Financial upped their price objective on Exchange Income from C$110.00 to C$135.00 and gave the company a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets increased their price objective on Exchange Income from C$80.00 to C$100.00 and gave the stock a “market perform” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$114.42.

Exchange Income Stock Down 0.5%

Exchange Income stock opened at C$108.68 on Thursday. The company has a market capitalization of C$6.09 billion, a P/E ratio of 39.38, 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$111.00. The stock has a 50-day simple moving average of C$93.70 and a 200-day simple moving average of C$82.03.

Exchange Income (TSE:EIF) last released its quarterly earnings results on Tuesday, February 24th. The company reported C$1.06 EPS for the quarter. The company had revenue of C$929.55 million for the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%. Equities research analysts expect that Exchange Income will post 3.9962963 earnings per share for the current year.

Key Stories Impacting Exchange Income

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

• Positive Sentiment: Multiple firms raised targets sharply (buy/outperform ratings), signaling upgraded earnings/valuation expectations — Ventum Financial raised its target to C$135.00. Ventum Financial target raise
• Positive Sentiment: Raymond James reiterated a positive/strong‑buy view and lifted its target to C$125.00, supporting upside sentiment. Raymond James forecast
• Positive Sentiment: Royal Bank of Canada bumped its target to C$133.00 and holds an outperform — another institutional endorsement that increases buy‑side conviction. RBC target raise
• Positive Sentiment: TD Securities raised its target to C$125.00 and maintained a buy view, adding to the cluster of mid‑to‑high‑C$120 targets. TD Securities target
• Positive Sentiment: National Bank Financial increased its target to C$125.00 (outperform), matching other dealer upgrades and reinforcing consensus upside. National Bank target
• Positive Sentiment: ATB Cormark lifted its target to C$125.00 (buy), another confirmation of broad analyst momentum. ATB Cormark target
• Positive Sentiment: Scotiabank raised its target to C$121.00 (outperform), and Canaccord increased to C$116.00 (buy) — both support the upward re‑rating narrative. Scotiabank / Canaccord coverage
• Neutral Sentiment: Several media posts aggregated these analyst notes (BayStreet / ticker reports), amplifying visibility but not adding new fundamental data. Aggregated reports
• Negative Sentiment: BMO raised its target to C$100.00 but kept a market‑perform rating — the lone call that implies downside vs. current levels and provides a cautionary counterpoint. BMO target raise (market perform)

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. 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.