Analysts raise target prices for Exchange Income Corp., pushing consensus rating to "Buy" at C$70.50.

Scotiabank and Royal Bank of Canada have both raised their target prices for Exchange Income Corp (TSE:EIF) to C$66.00, maintaining an outperform rating. Canaccord Genuity Group increased its target to C$77.00. The stock has a consensus "Buy" rating and a target price of C$70.50. Exchange Income, with a market cap of C$2.83 billion, invests in profitable companies in aerospace, aviation, and manufacturing sectors. Shares opened at C$56.81 on Thursday.