Exchange Income (TSE:EIF) Given New C$81.00 Price Target at National Bankshares

Exchange Income (TSE:EIF) had its price objective hoisted by National Bankshares from C$73.00 to C$81.00 in a research report released on Thursday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

A number of other research analysts also recently issued reports on the stock. TD Securities boosted their price objective on shares of Exchange Income from C$68.00 to C$70.00 and gave the company a “buy” rating in a research report on Thursday, May 22nd. Scotiabank lifted their target price on shares of Exchange Income from C$64.00 to C$66.00 and gave the company an “outperform” rating in a research note on Thursday, May 22nd. Canaccord Genuity Group increased their price target on shares of Exchange Income from C$75.00 to C$77.00 and gave the stock a “buy” rating in a research note on Thursday, May 22nd. CIBC raised their price objective on shares of Exchange Income from C$69.00 to C$73.00 and gave the stock an “outperform” rating in a report on Thursday, May 22nd. Finally, ATB Capital upped their target price on Exchange Income from C$68.00 to C$70.00 and gave the stock an “outperform” rating in a report on Thursday, May 22nd. Eleven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$71.91.

Exchange Income Price Performance

EIF opened at C$64.72 on Thursday. 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$3.23 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The stock’s 50 day moving average price is C$57.02 and its 200-day moving average price is C$54.21. Exchange Income has a 52-week low of C$44.90 and a 52-week high of C$64.76.

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.