Exchange Income (TSE:EIF – Get Free Report) had its price target lowered by equities researchers at TD Securities from C$69.00 to C$67.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 22.11% from the stock’s current price.
A number of other research firms have also recently weighed in on EIF. Canaccord Genuity Group lifted their price objective on shares of Exchange Income from C$68.00 to C$70.00 and gave the company a “buy” rating in a report on Wednesday. CIBC lifted their price objective on Exchange Income from C$61.50 to C$62.50 and gave the stock an “outperform” rating in a report on Monday, August 12th. Finally, ATB Capital boosted their target price on shares of Exchange Income from C$66.00 to C$67.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$65.28.
View Our Latest Research Report on EIF
Exchange Income Stock Performance
Exchange Income (TSE:EIF – Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported C$0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.78 by C$0.02. Exchange Income had a net margin of 4.44% and a return on equity of 9.38%. The company had revenue of C$660.58 million during the quarter, compared to the consensus estimate of C$677.10 million. As a group, analysts expect that Exchange Income will post 3.9962963 EPS for the current year.
Exchange Income Company Profile
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.
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