CIBC Increases Exchange Income (TSE:EIF) Price Target to C$69.00

Exchange Income (TSE:EIF) had its target price lifted by CIBC from C$66.00 to C$69.00 in a research report issued on Wednesday,BayStreet.CA reports.

A number of other analysts have also issued reports on EIF. National Bankshares raised their target price on Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th. Ventum Cap Mkts upgraded shares of Exchange Income to a “strong-buy” rating in a research note on Tuesday, November 5th. ATB Capital upped their target price 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. Royal Bank of Canada raised their price target on shares of Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th. Finally, Canaccord Genuity Group upped their price objective on shares of Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. Six investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Exchange Income has a consensus rating of “Buy” and an average price target of C$69.00.

Exchange Income Stock Performance

The company has a current ratio of 1.77, a quick ratio of 1.13 and a debt-to-equity ratio of 171.03. The company has a 50-day simple moving average of C$54.75 and a 200-day simple moving average of C$49.73. The firm has a market capitalization of C$2.68 billion, a P/E ratio of 23.59, a P/E/G ratio of 1.42 and a beta of 2.04. Exchange Income has a 1 year low of C$43.08 and a 1 year high of C$57.69.

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.