ATB Capital Increases Exchange Income (TSE:EIF) Price Target to C$67.00

Exchange Income (TSE:EIF) had its target price hoisted by stock analysts at ATB Capital from C$66.00 to C$67.00 in a research report issued on Monday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. ATB Capital’s price target suggests a potential upside of 43.28% from the stock’s current price.

Separately, Canaccord Genuity Group lifted their target price on shares of Exchange Income from C$66.00 to C$68.00 and gave the company a “buy” rating in a research note on Monday. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$65.28.

Exchange Income Price Performance

EIF traded up C$0.36 during midday trading on Monday, reaching C$46.76. 65,581 shares of the company’s stock were exchanged, compared to its average volume of 78,743. Exchange Income has a one year low of C$42.05 and a one year high of C$50.64. The business has a 50-day simple moving average of C$46.06 and a two-hundred day simple moving average of C$46.92. The company has a quick ratio of 1.13, a current ratio of 1.91 and a debt-to-equity ratio of 164.53. The firm has a market capitalization of C$2.21 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.42 and a beta of 2.06.

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.