Exchange Income (TSE:EIF) Raised to Moderate Buy at Desjardins

Exchange Income (TSE:EIF - Get Free Report) was upgraded by analysts at Desjardins to a "moderate buy" rating in a research report issued to clients and investors on Thursday, Marketbeat reports. The brokerage presently has a C$73.00 price objective on the stock. Desjardins' target price points to a potential upside of 11.93% from the stock's current price.

EIF has been the topic of a number of other reports. National Bankshares upped their price target on shares of Exchange Income from C$73.00 to C$81.00 and gave the stock an "outperform" rating in a research note on Thursday. Canaccord Genuity Group upped their target price on Exchange Income from C$75.00 to C$77.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Scotiabank raised their price target on Exchange Income from C$64.00 to C$66.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. Royal Bank Of Canada boosted their price target on Exchange Income from C$64.00 to C$66.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Finally, ATB Capital raised their price objective on shares of Exchange Income from C$68.00 to C$70.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. Ten analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of C$71.91.

Exchange Income Stock Up 0.8%

Exchange Income stock traded up C$0.50 during trading hours on Thursday, hitting C$65.22. The company had a trading volume of 80,851 shares, compared to its average volume of 107,894. Exchange Income has a fifty-two week low of C$44.90 and a fifty-two week high of C$65.34. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13. The firm has a market capitalization of C$3.25 billion, a P/E ratio of 25.55, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The firm's fifty day moving average is C$57.32 and its 200-day moving average is C$54.26.

Exchange Income Company Profile

Exchange Income Corp is a diversified acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets.