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

Shares of Exchange Income Co. (TSE:EIF) have received an average recommendation of “Buy” from the seven analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$42.29.

Several equities analysts recently weighed in on the stock. Raymond James restated a “strong-buy” rating and set a C$49.00 price target on shares of Exchange Income in a research report on Monday, February 25th. National Bank Financial restated an “outperform” rating and set a C$42.00 price target on shares of Exchange Income in a research report on Wednesday, March 27th. Cormark restated a “buy” rating and set a C$39.00 price target on shares of Exchange Income in a research report on Tuesday, December 18th. CIBC increased their price target on shares of Exchange Income from C$37.50 to C$38.50 and gave the company a “sell” rating in a research report on Friday, February 22nd. Finally, TD Securities reduced their price target on shares of Exchange Income from C$45.00 to C$44.00 and set a “buy” rating for the company in a research report on Monday, February 25th.

TSE EIF opened at C$34.50 on Friday. Exchange Income has a 1 year low of C$25.58 and a 1 year high of C$35.74. The company has a debt-to-equity ratio of 158.99, a current ratio of 2.26 and a quick ratio of 1.22. The firm has a market capitalization of $1.09 billion and a PE ratio of 15.81.

Exchange Income (TSE:EIF) last posted its earnings results on Wednesday, February 20th. The company reported C$0.79 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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. Analysts forecast that Exchange Income will post 3.43000003569818 earnings per share for the current fiscal 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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