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

Exchange Income (TSE:EIF) received a C$69.00 price target from Paradigm Capital in a research report issued on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Paradigm Capital’s price target indicates a potential upside of 20.38% from the stock’s current price.

Several other research firms have also issued reports on EIF. Canaccord Genuity Group upped their price target on shares of Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. CIBC raised their price target on Exchange Income from C$66.00 to C$69.00 in a research report on Wednesday, December 4th. TD Securities decreased their price target on Exchange Income from C$69.00 to C$67.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Ventum Financial set a C$74.00 target price on shares of Exchange Income and gave the stock a “buy” rating in a report on Tuesday, November 5th. Finally, Ventum Cap Mkts upgraded shares of Exchange Income to a “strong-buy” rating in a report on Tuesday, November 5th. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$70.00.

Exchange Income Price Performance

Shares of EIF traded up C$0.88 during trading hours on Thursday, reaching C$57.32. 27,160 shares of the company’s stock traded hands, 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 current ratio of 1.77, a quick ratio of 1.13 and a debt-to-equity ratio of 171.03. The stock has a market cap of C$2.72 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The firm’s 50 day simple moving average is C$56.44 and its 200-day simple moving average is C$52.78.

Exchange Income (TSE:EIF) last released its quarterly earnings results on Thursday, November 7th. The company reported C$1.29 EPS for the quarter, topping 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 previous year, the firm posted $1.19 earnings per share. Equities analysts expect that Exchange Income will post 3.9962963 EPS for the current year.

About Exchange Income

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.