Exchange Income Co. (TSE:EIF - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$53.84 and traded as high as C$58.43. Exchange Income shares last traded at C$58.25, with a volume of 158,163 shares trading hands.
Analyst Ratings Changes
Several research analysts recently issued reports on the stock. Royal Bank Of Canada raised their target price on shares of Exchange Income from C$64.00 to C$66.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. ATB Capital increased their price target on Exchange Income from C$68.00 to C$70.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Scotiabank raised their target price on Exchange Income from C$64.00 to C$66.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. TD Securities boosted their price target on Exchange Income from C$68.00 to C$70.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. Finally, Canaccord Genuity Group upped their price objective 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. Nine equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$70.50.
View Our Latest Report on Exchange Income
Exchange Income Stock Performance
The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. The firm's fifty day moving average is C$54.97 and its 200 day moving average is C$53.81. The company has a market cap of C$2.97 billion, a PE ratio of 23.31, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04.
Exchange Income Company Profile
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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.
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