Exchange Income Co. (TSE:EIF) Receives C$114.42 Average PT from Brokerages

Shares of Exchange Income Co. (TSE:EIF) have been given a consensus recommendation of “Buy” by the thirteen brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$115.04.

Several research analysts have recently issued reports on EIF shares. Desjardins increased their price objective on shares of Exchange Income from C$87.00 to C$102.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Ventum Financial boosted 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, February 26th. ATB Cormark Capital Markets upped their target price on Exchange Income from C$120.00 to C$125.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. BMO Capital Markets lifted their price target on Exchange Income from C$80.00 to C$100.00 and gave the company a “market perform” rating in a research report on Thursday, February 26th. Finally, Canaccord Genuity Group boosted their price objective on Exchange Income from C$109.00 to C$116.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th.

Exchange Income Price Performance

Shares of TSE EIF opened at C$99.62 on Friday. The stock has a market cap of C$5.59 billion, a P/E ratio of 31.93, a P/E/G ratio of 1.42 and a beta of 0.93. The firm’s 50-day simple moving average is C$95.87 and its 200 day simple moving average is C$83.38. Exchange Income has a fifty-two week low of C$45.00 and a fifty-two week high of C$111.00. The company has a quick ratio of 1.13, a current ratio of 1.71 and a debt-to-equity ratio of 149.91.

Exchange Income (TSE:EIF) last announced its earnings results on Tuesday, February 24th. The company reported C$1.06 earnings per share (EPS) for the quarter. Exchange Income had a net margin of 5.11% and a return on equity of 10.61%. The firm had revenue of C$929.55 million during the quarter. Equities analysts expect that Exchange Income will post 3.9962963 EPS for the current year.

Exchange Income Company Profile

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: Aerospace & Aviation and Manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.