National Bank Financial Analysts Give Exchange Income (TSE:EIF) a C$145.00 Price Target

National Bank Financial set a C$145.00 target price on Exchange Income (TSE:EIF) in a research note issued to investors on Thursday morning,BayStreet reports. The firm currently has an outperform rating on the stock.

EIF has been the subject of a number of other reports. Scotiabank increased their target price on shares of Exchange Income from C$140.00 to C$150.00 and gave the company a “sector outperform” rating in a report on Thursday, August 13th. BMO Capital Markets upped their price target on Exchange Income from C$140.00 to C$152.00 in a report on Thursday, August 13th. Canaccord Genuity Group raised their price objective on Exchange Income from C$129.00 to C$150.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Desjardins lifted their price objective on Exchange Income from C$135.00 to C$145.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada boosted their target price on Exchange Income from C$150.00 to C$156.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the company’s stock. According to data from MarketBeat, Exchange Income presently has a consensus rating of “Buy” and an average target price of C$145.92.

Exchange Income Stock Down 0.3%

Exchange Income stock opened at C$116.37 on Thursday. Exchange Income has a 1-year low of C$73.81 and a 1-year high of C$136.75. The company has a debt-to-equity ratio of 141.68, a current ratio of 1.63 and a quick ratio of 1.12. The stock’s fifty day moving average is C$122.74 and its two-hundred day moving average is C$118.75. The stock has a market cap of C$6.56 billion, a PE ratio of 31.54, a P/E/G ratio of 1.42 and a beta of 0.83.

Exchange Income (TSE:EIF) last posted its quarterly earnings results on Tuesday, August 11th. The company reported C$1.13 earnings per share for the quarter. Exchange Income had a net margin of 5.53% and a return on equity of 11.69%. The business had revenue of C$952.16 million for the quarter. On average, sell-side analysts expect that Exchange Income will post 4.00 EPS for the current fiscal year.

Insider Buying and Selling

In other Exchange Income news, Director Donald Streuber sold 5,000 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of C$130.44, for a total transaction of C$652,200.00. Following the sale, the director owned 279,299 shares in the company, valued at approximately C$36,431,761.56. This represents a 1.76% decrease in their position. Also, Director Michael Pyle purchased 1,000 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were bought at an average cost of C$116.93 per share, with a total value of C$116,930.00. Following the transaction, the director directly owned 20,337 shares of the company’s stock, valued at C$2,378,005.41. This represents a 5.17% increase in their position. Over the last three months, insiders have bought 1,534 shares of company stock valued at $181,356. Corporate insiders own 6.44% of the company’s stock.

Exchange Income Company Profile

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: Aerospace & Aviation and Manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.