Exchange Income (TSE:EIF) Price Target Raised to C$68.00

Exchange Income (TSE:EIF) had its target price raised by National Bankshares from C$61.00 to C$68.00 in a research note released on Monday morning,BayStreet.CA reports.

Other equities research analysts have also issued research reports about the stock. Ventum Cap Mkts raised shares of Exchange Income to a “strong-buy” rating in a report on Tuesday, November 5th. ATB Capital boosted their price target on shares of Exchange Income from C$66.00 to C$67.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Canaccord Genuity Group boosted their price target on shares of Exchange Income from C$68.00 to C$70.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. CIBC upped their target price on shares of Exchange Income from C$61.50 to C$62.50 and gave the stock an “outperform” rating in a report on Monday, August 12th. Finally, 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. Seven investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$67.61.

Exchange Income Trading Up 1.0 %

Shares of Exchange Income stock opened at C$56.08 on Monday. The firm has a market capitalization of C$2.66 billion, a PE ratio of 23.17, a price-to-earnings-growth 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 company’s fifty day moving average price is C$52.77 and its two-hundred day moving average price is C$48.76. Exchange Income has a 52-week low of C$43.08 and a 52-week high of C$57.69.

Exchange Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, October 31st. This represents a $2.64 annualized dividend and a yield of 4.71%. Exchange Income’s dividend payout ratio (DPR) is 109.09%.

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.