Exchange Income (TSE:EIF) received a C$43.00 target price from stock analysts at National Bankshares in a report issued on Tuesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 9.75% from the stock’s previous close.
Other analysts have also recently issued reports about the company. ATB Capital boosted their price objective on Exchange Income from C$46.00 to C$50.00 in a report on Friday, February 19th. National Bank Financial boosted their price objective on Exchange Income to C$44.00 and gave the stock an “outperform” rating in a report on Thursday, February 25th. Canaccord Genuity boosted their price objective on Exchange Income to C$44.00 and gave the stock a “na” rating in a report on Thursday, February 25th. Raymond James reissued a “strong-buy” rating and set a C$45.00 price objective on shares of Exchange Income in a report on Thursday, February 25th. Finally, TD Securities boosted their price objective on Exchange Income from C$43.00 to C$46.00 and gave the stock a “buy” rating in a report on Monday, April 5th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of C$44.20.
TSE EIF traded up C$0.18 on Tuesday, hitting C$39.18. 71,459 shares of the company were exchanged, compared to its average volume of 113,162. The firm has a 50 day moving average of C$39.69 and a two-hundred day moving average of C$37.38. The company has a market cap of C$1.39 billion and a P/E ratio of 50.27. The company has a current ratio of 2.10, a quick ratio of 1.20 and a debt-to-equity ratio of 177.60. Exchange Income has a 1-year low of C$19.21 and a 1-year high of C$41.95.
Exchange Income (TSE:EIF) last issued its quarterly earnings results on Wednesday, February 17th. The company reported C$0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.22 by C$0.31. The company had revenue of C$301.71 million for the quarter, compared to analyst estimates of C$281.02 million. Research analysts anticipate that Exchange Income will post 2.98 EPS for the current fiscal year.
In other news, Senior Officer Adam Terwin sold 4,900 shares of the company’s stock in a transaction dated Monday, March 1st. The stock was sold at an average price of C$41.05, for a total value of C$201,145.00. Following the completion of the sale, the insider now directly owns 7,338 shares of the company’s stock, valued at approximately C$301,224.90.
About Exchange Income
Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments,…
Go to the news source: Exchange Income (TSE:EIF) PT Set at C$43.00 by National Bankshares