Ventum Financial Boosts Exchange Income (TSE:EIF) Price Target to C$135.00

Exchange Income (TSE:EIF) had its target price upped by analysts at Ventum Financial from C$110.00 to C$135.00 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Financial’s target price indicates a potential upside of 23.68% from the stock’s current price.

Several other research firms have also commented on EIF. Royal Bank Of Canada increased their price target on shares of Exchange Income from C$94.00 to C$103.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Canaccord Genuity Group increased their target price on shares of Exchange Income from C$107.00 to C$109.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. TD Securities raised their target price on shares of Exchange Income from C$102.00 to C$125.00 and gave the company a “buy” rating in a research note on Thursday. Canadian Imperial Bank of Commerce upped their price target on Exchange Income from C$93.00 to C$106.00 in a research report on Wednesday, January 21st. Finally, Desjardins increased their price objective on Exchange Income from C$87.00 to C$102.00 and gave the company a “buy” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$114.42.

Exchange Income Stock Up 0.9%

Exchange Income stock traded up C$1.02 during midday trading on Thursday, hitting C$109.15. 149,482 shares of the company’s stock were exchanged, compared to its average volume of 186,521. Exchange Income has a 12 month low of C$45.00 and a 12 month high of C$111.00. 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 company has a market cap of C$6.12 billion, a PE ratio of 39.55, a P/E/G ratio of 1.42 and a beta of 1.01. The firm has a 50-day moving average of C$92.71 and a two-hundred day moving average of C$81.55.

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

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.