The Globe and Mail reports in its Thursday, Oct. 2, edition that Raymond James analyst Steve Hansen has reaffirmed his "strong buy" recommendation for Exchange Income. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hansen gave his share target a $5 boost to $90. Analysts on average target the shares at $82. Mr. Hansen says in a note: "We are increasing our target price on Exchange Income Corp. and reiterating our 'strong buy' rating following: 1) two days of institutional meetings with Exchange Income management; and 2) a bespoke tour of the company's Netherlands operating base where its Provincial Aerospace Limited (PAL) subsidiary performs maritime surveillance operations for the Dutch Navy under long-term contract. We have long argued that Exchange Income should see the benefits of multiple expansions given the company's exceptional track record for compounding shareholder value. Our recent Amsterdam tour only served to reinforce this view. Given this backdrop, we continue to see compelling value in Exchange Income shares at current levels, trading at just 7.1 times FY2026 EBITDA."
© 2026 Canjex Publishing Ltd. All rights reserved.