Exchange Income (TSE:EIF - Free Report) had its target price lifted by Cormark from C$67.00 to C$78.50 in a report issued on Thursday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Cormark also issued estimates for Exchange Income's FY2025 earnings at $3.79 EPS and FY2026 earnings at $4.59 EPS.
A number of other brokerages have also recently commented on EIF. CIBC upped their price target on Exchange Income from C$69.00 to C$73.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. National Bankshares upped their price target on Exchange Income from C$73.00 to C$81.00 and gave the company an "outperform" rating in a research report on Thursday, July 3rd. Canaccord Genuity Group increased their price objective on Exchange Income from C$75.00 to C$77.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. TD Securities increased their price objective on Exchange Income from C$68.00 to C$70.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Finally, BMO Capital Markets set a C$59.00 price objective on Exchange Income and gave the stock a "market perform" rating in a report on Tuesday, July 15th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Exchange Income presently has a consensus rating of "Buy" and a consensus price target of C$71.42.
Read Our Latest Report on EIF
Exchange Income Stock Performance
Shares of TSE EIF traded up C$0.41 during trading on Thursday, reaching C$65.99. 88,248 shares of the stock traded hands, compared to its average volume of 109,213. Exchange Income has a 52-week low of C$45.00 and a 52-week high of C$68.01. 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 company has a 50-day moving average of C$61.84 and a 200-day moving average of C$55.45. The stock has a market capitalization of C$3.29 billion, a P/E ratio of 25.85, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04.
Exchange Income Dividend Announcement
The firm also recently declared a jul 25 dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 31st will be issued a $0.22 dividend. Exchange Income's payout ratio is currently 103.42%.
Exchange Income Company Profile
(
Get Free Report)
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.
See Also

Before you consider Exchange Income, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exchange Income wasn't on the list.
While Exchange Income currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.