Exchange Income (TSE:EIF) Stock Price Expected to Rise, Royal Bank of Canada Analyst Says

Exchange Income (TSE:EIF) had its target price increased by research analysts at Royal Bank of Canada from C$65.00 to C$71.00 in a research note issued on Thursday,BayStreet.CA reports. Royal Bank of Canada’s price objective indicates a potential upside of 26.42% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. CIBC lifted their price objective on Exchange Income from C$61.50 to C$62.50 and gave the stock an “outperform” rating in a report on Monday, August 12th. TD Securities dropped their price target on shares of Exchange Income from C$69.00 to C$67.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. ATB Capital increased their price objective on shares of Exchange Income from C$66.00 to C$67.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Canaccord Genuity Group boosted their target price on shares of Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday. Finally, Ventum Financial set a C$74.00 price target on shares of Exchange Income and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Seven equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Exchange Income presently has a consensus rating of “Buy” and a consensus target price of C$68.28.

Exchange Income Stock Down 0.6 %

Shares of Exchange Income stock opened at C$56.16 on Thursday. Exchange Income has a 1-year low of C$43.08 and a 1-year high of C$57.69. The company has a market capitalization of C$2.67 billion, a PE ratio of 23.21, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 171.03, a current ratio of 1.77 and a quick ratio of 1.13. The business has a 50-day moving average of C$53.05 and a 200-day moving average of C$48.89.

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.