Exchange Income (TSE:EIF) PT Set at C$69.00 by Paradigm Capital

Exchange Income (TSE:EIF) has been assigned a C$69.00 price target by investment analysts at Paradigm Capital in a report released on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Paradigm Capital’s target price would indicate a potential upside of 20.38% from the stock’s previous close.

Several other research analysts also recently weighed in on the stock. CIBC increased their price target on shares of Exchange Income from C$66.00 to C$69.00 in a research report on Wednesday, December 4th. TD Securities cut their target price on Exchange Income from C$69.00 to C$67.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. National Bankshares boosted their price target on Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th. Ventum Cap Mkts upgraded shares of Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. Finally, Royal Bank of Canada upped their target price on shares of Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Exchange Income presently has an average rating of “Buy” and an average target price of C$70.00.

Exchange Income Stock Up 1.6 %

Shares of TSE EIF traded up C$0.88 during trading on Thursday, reaching C$57.32. The company had a trading volume of 27,160 shares, compared to its average volume of 95,613. Exchange Income has a 12-month low of C$43.08 and a 12-month high of C$59.32. The company has a quick ratio of 1.13, a current ratio of 1.77 and a debt-to-equity ratio of 171.03. The business’s 50-day moving average is C$56.44 and its 200 day moving average is C$52.78. The stock has a market cap of C$2.72 billion, a PE ratio of 23.69, a P/E/G ratio of 1.42 and a beta of 2.04.

Exchange Income (TSE:EIF) last announced its quarterly earnings results on Thursday, November 7th. The company reported C$1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.19 by C$0.10. Exchange Income had a return on equity of 9.38% and a net margin of 4.44%. During the same quarter in the prior year, the company earned $1.19 EPS. As a group, equities analysts forecast that Exchange Income will post 3.9962963 earnings per share for the current fiscal year.

Exchange Income Company Profile

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.