Exchange Income Co. (EIF) Receives Consensus Recommendation of “Buy” from Analysts

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Exchange Income Co. (TSE:EIF) has received a consensus rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$42.43.

A number of analysts have commented on EIF shares. Raymond James reissued a “strong-buy” rating and set a C$49.00 price objective on shares of Exchange Income in a report on Monday, February 25th. TD Securities decreased their price objective on Exchange Income from C$45.00 to C$44.00 and set a “buy” rating for the company in a report on Monday, February 25th. CIBC boosted their price objective on Exchange Income from C$37.50 to C$38.50 and gave the stock a “sell” rating in a report on Friday, February 22nd. National Bank Financial boosted their price objective on Exchange Income from C$42.00 to C$43.00 and gave the stock an “outperform” rating in a report on Friday, February 22nd. Finally, Laurentian set a C$45.50 price objective on Exchange Income in a report on Friday, February 22nd.

Exchange Income stock traded down C$0.52 during midday trading on Tuesday, reaching C$32.28. The stock had a trading volume of 95,200 shares, compared to its average volume of 92,299. Exchange Income has a 12 month low of C$25.58 and a 12 month high of C$35.74. The firm has a market capitalization of $1.01 billion and a price-to-earnings ratio of 14.79. The company has a debt-to-equity ratio of 158.99, a current ratio of 2.26 and a quick ratio of 1.22.

Exchange Income (TSE:EIF) last issued its earnings results on Wednesday, February 20th. The company reported C$0.79 EPS for the quarter, beating analysts’ consensus estimates of C$0.78 by C$0.01. The firm had revenue of C$315.74 million during the quarter, compared to the consensus estimate of C$302.61 million. On average, sell-side analysts expect that Exchange Income will post 3.4200000534375 EPS for the current year.

About Exchange Income

Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment scheduled airline and charter services, and emergency medical services to communities located in Manitoba, Ontario, and Nunavut; and scheduled airline and charter service in Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.

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Analyst Recommendations for Exchange Income (TSE:EIF)

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