goeasy (TSE:GSY – Get a rating) had its price target lowered by investment analysts Raymond James from C$213.00 to C$202.00 in a research note released on Friday, BayStreet.CA reports. The brokerage currently has a “Strong Buy” rating on the stock. Raymond James’ target price would indicate a potential upside of 92.56% from the company’s current price.
Several other brokerages have also recently weighed in on GSY. Scotiabank reduced its price target on goeasy from C$170.00 to C$160.00 in a Friday, May 13 research report. TD Securities lowered its price target on goeasy from C$220.00 to C$215.00 and set a “buy” rating on the stock in a Friday, May 13 report. BMO Capital Markets lowered its price target on goeasy from C$228.00 to C$225.00 in a Friday, May 13 report. National Bankshares lowered its price target on goeasy from C$220.00 to C$155.00 and set an “outperform” rating for the stock in a Thursday, May 12 report. Finally, CIBC lowered its price target on goeasy from C$200.00 to C$180.00 and set an “outperform” rating for the stock in a Thursday, May 12 report. One equity research analyst gave the stock a hold rating, five gave the stock a buy rating and one gave the stock a strong buy rating. According to data from MarketBeat, the stock currently has an average buy rating and a consensus target price of C$194.88.
GSY stock traded at C$1.66 during Friday’s trading, hitting C$104.90. 22,217 shares of the company were traded, against an average volume of 74,234. The stock’s 50-day simple moving average is C$107.73 and its 200-day simple moving average is C$132.96. The company has a debt ratio of 240.20, a current ratio of 16.00 and a quick ratio of 15.94. The company has a market capitalization of C$1.66 billion and a PE ratio of 11.62. goeasy has a 1 year minimum of CA$95.00 and a 1 year maximum of CA$218.35.
goeasy (TSE:GSY – Get a rating) last announced its quarterly results on Wednesday, May 11. The company reported earnings per share of C$2.72 for the quarter, missing the consensus estimate of C$2.78 by C$0.06. The company posted revenue of C$232.14 million in the quarter, compared to a consensus estimate of C$233.25 million. Research analysts expect goeasy to post earnings per share of 14.6400004 for the current year.
Company Profile (Get a rating)
goeasy ltd. provides consumer leasing and loan services in Canada. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, real estate and car loans; point-of-sale and small business financing; and value-added services.
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