Exchange Income (TSE:EIF) Given New C$68.00 Price Target at National Bankshares

Exchange Income (TSE:EIF) had its price target increased by National Bankshares from C$61.00 to C$68.00 in a report issued on Monday,BayStreet.CA reports.

A number of other brokerages also recently commented on EIF. CIBC increased their price target on Exchange Income from C$61.50 to C$62.50 and gave the company an “outperform” rating in a report on Monday, August 12th. TD Securities dropped their price objective on shares of Exchange Income from C$69.00 to C$67.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Ventum Financial set a C$74.00 price target on shares of Exchange Income and gave the company a “buy” rating in a report on Tuesday, November 5th. ATB Capital increased their price objective on Exchange Income from C$66.00 to C$67.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Finally, Ventum Cap Mkts raised shares of Exchange Income to a “strong-buy” rating in a research note on Tuesday, November 5th. Eight analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$67.39.

Exchange Income Stock Down 1.4 %

Shares of TSE:EIF opened at C$55.09 on Monday. Exchange Income has a 1 year low of C$43.08 and a 1 year high of C$57.69. The stock has a 50-day simple moving average of C$52.51 and a 200-day simple moving average of C$48.64. The company has a debt-to-equity ratio of 171.03, a quick ratio of 1.13 and a current ratio of 1.77. The stock has a market capitalization of C$2.62 billion, a P/E ratio of 22.76, a PEG ratio of 1.42 and a beta of 2.04.

Exchange Income Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.22 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $2.64 annualized dividend and a dividend yield of 4.79%. Exchange Income’s dividend payout ratio (DPR) is presently 109.09%.

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.