Exchange Income Co. (TSE:EIF) Receives C$69.00 Average PT from Brokerages

Shares of Exchange Income Co. (TSE:EIF - Get Free Report) have received a consensus recommendation of "Buy" from the eight research firms that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$69.00.

Several research firms recently commented on EIF. Ventum Financial set a C$74.00 target price on Exchange Income and gave the company a "buy" rating in a report on Tuesday, November 5th. National Bankshares raised their target price on Exchange Income from C$61.00 to C$68.00 in a research 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. TD Securities reduced their price objective on shares of Exchange Income from C$69.00 to C$67.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Finally, Royal Bank of Canada increased their target price on shares of Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th.

Exchange Income Stock Down 0.2 %

Shares of EIF traded down C$0.12 during midday trading on Monday, hitting C$58.24. The company had a trading volume of 84,275 shares, compared to its average volume of 85,031. Exchange Income has a 1 year low of C$43.08 and a 1 year high of C$59.32. The firm has a market capitalization of C$2.77 billion, a P/E ratio of 24.07, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 171.03, a quick ratio of 1.13 and a current ratio of 1.77. The company's 50-day simple moving average is C$56.33 and its 200-day simple moving average is C$51.52.

Exchange Income Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.22 per share. This represents a $2.64 annualized dividend and a yield of 4.53%. The ex-dividend date was Thursday, October 31st. Exchange Income's dividend payout ratio is presently 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.