Exchange Income (TSE:EIF) Price Target Raised to C$68.00 at National Bankshares

Exchange Income (TSE:EIF) had its price objective lifted by National Bankshares from C$61.00 to C$68.00 in a research note released on Monday,BayStreet.CA reports.

Other research analysts also recently issued reports about the stock. Ventum Cap Mkts upgraded shares of Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. ATB Capital upped 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 research report on Monday, August 12th. TD Securities cut their target price on shares of Exchange Income from C$69.00 to C$67.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Canaccord Genuity Group upped their target price on shares of Exchange Income from C$68.00 to C$70.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, CIBC upped their target price on shares of Exchange Income from C$61.50 to C$62.50 and gave the company an “outperform” rating in a research report on Monday, August 12th. Seven equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$67.61.

Exchange Income Stock Performance

Exchange Income stock opened at C$56.08 on Monday. The company has a current ratio of 1.77, a quick ratio of 1.13 and a debt-to-equity ratio of 171.03. Exchange Income has a 1 year low of C$43.08 and a 1 year high of C$57.69. The company has a market cap of C$2.66 billion, a PE ratio of 23.17, a PEG ratio of 1.42 and a beta of 2.04. The company’s 50-day moving average is C$52.77 and its two-hundred day moving average is C$48.76.

Exchange Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.22 dividend. The ex-dividend date is Thursday, October 31st. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.71%. Exchange Income’s dividend payout ratio (DPR) is presently 109.09%.

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.