Exchange Income (TSE:EIF) Given a C$69.00 Price Target by Paradigm Capital Analysts

Exchange Income (TSE:EIF) has been given a C$69.00 target price by equities researchers at Paradigm Capital in a research note issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Paradigm Capital’s price target indicates a potential upside of 23.37% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on the company. National Bankshares upped their target price on Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th. CIBC lifted their price target on shares of Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Royal Bank of Canada increased their price objective on Exchange Income from C$65.00 to C$71.00 in a report on Thursday, November 14th. Canaccord Genuity Group lifted their target price on Exchange Income from C$70.00 to C$72.00 in a report on Tuesday, November 12th. Finally, Ventum Financial set a C$74.00 price target on Exchange Income and gave the company a “buy” rating in a research note on Tuesday, November 5th. Six investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$70.00.

Exchange Income Price Performance

Exchange Income stock opened at C$55.93 on Thursday. The stock has a fifty day moving average of C$56.47 and a 200-day moving average of C$52.89. The stock has a market capitalization of C$2.66 billion, a P/E ratio of 23.11, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 171.03, a quick ratio of 1.13 and a current ratio of 1.77. Exchange Income has a 52 week low of C$43.08 and a 52 week high of C$59.32.

Exchange Income (TSE:EIF) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$1.29 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.19 by C$0.10. Exchange Income had a net margin of 4.44% and a return on equity of 9.38%. During the same period in the prior year, the company posted $1.19 EPS. On average, sell-side analysts expect 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.