Analysts Set Exchange Income Co. (EIF) PT at $43.50

Exchange Income Co. (TSE:EIF) has been given an average rating of “Buy” by the nine analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$43.78.

A number of equities analysts have commented on EIF shares. Canaccord Genuity lifted their target price on Exchange Income from C$42.00 to C$42.50 in a research note on Friday, November 17th. Laurentian Bank of Canada decreased their target price on Exchange Income from C$48.00 to C$47.00 in a research note on Monday, November 13th. Laurentian decreased their target price on Exchange Income from C$48.00 to C$47.00 in a research note on Monday, November 13th. TD Securities lifted their target price on Exchange Income from C$42.00 to C$43.00 and gave the company a “buy” rating in a research note on Friday, October 6th. Finally, CIBC lifted their target price on Exchange Income from C$35.00 to C$37.50 and gave the company a “neutral” rating in a research note on Friday.

Shares of Exchange Income (EIF) traded up C$0.31 during mid-day trading on Tuesday, reaching C$34.06. The company’s stock had a trading volume of 48,700 shares, compared to its average volume of 75,515. Exchange Income has a 12 month low of C$25.80 and a 12 month high of C$42.29. The firm has a market capitalization of $1,060.00, a P/E ratio of 16.53 and a beta of 0.70.

Exchange Income (TSE:EIF) last issued its earnings results on Wednesday, November 8th. The company reported C$0.84 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.81 by C$0.03. Exchange Income had a return on equity of 17.22% and a net margin of 9.43%.

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be issued a dividend of $0.175 per share. The ex-dividend date is Tuesday, January 30th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 6.17%. Exchange Income’s dividend payout ratio (DPR) is presently 101.58%.

WARNING: This piece of content was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright legislation. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2018/02/13/analysts-set-exchange-income-co-eif-pt-at-43-50.html.

About Exchange Income

Exchange Income Corporation is focused on opportunities in aerospace and aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut.

Analyst Recommendations for Exchange Income (TSE:EIF)

Receive News & Ratings for Exchange Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exchange Income and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply