goeasy (TSE:GSY – Get an assessment) had its price target reduced by TD Securities research analysts from C$220.00 to C$215.00 in a research report released Friday to clients and investors, BayStreet.CA reports. The company currently has a “buy” rating on the stock. TD Securities’ price target suggests upside potential of 93.40% from the current stock price.
GSY has been the subject of a number of other research reports. CIBC lowered its target price on goeasy from C$200.00 to C$180.00 and set an “outperform” rating for the stock in a research report on Thursday. National Bankshares cut its price target on goeasy shares from C$220.00 to C$155.00 and set an “outperform” rating for the stock in a research report on Thursday. Scotiabank lowered its target price on goeasy shares from C$170.00 to C$160.00 in a research report on Friday. Raymond James raised his price target on goeasy shares from C$207.00 to C$213.00 and gave the stock a “strong buy” rating in a research report on Thursday. Finally, BMO Capital Markets lowered its target price on goeasy from CA$228.00 to CA$225.00 in a research report on Friday. One research analyst gave the stock a hold rating, five issued a buy rating and one issued a strong buy rating for the company’s stock. Based on data from MarketBeat.com, goeasy has a consensus buy rating and a consensus price target of CA$196.25.
Shares of TSE:GSY traded at CA$4.91 midday Friday, hitting CA$111.17. 44,801 shares of the company were traded, against an average volume of 83,674. The company has a market capitalization of C$1.80 billion and a PE ratio of 7.66. goeasy has a fifty-two week minimum of C$97.63 and a fifty-two week maximum of C$218.35. The stock has a fifty-day simple moving average of C$126.10 and a two-hundred-day simple moving average of C$154.95. The company has a quick ratio of 15.28, a current ratio of 15.34 and a debt ratio of 209.19.
goeasy (TSE:GSY – Get Rating) last published its results on Wednesday February 16th. The company reported earnings per share (EPS) of C$2.76 for the quarter, beating analyst consensus estimates of C$2.62 by C$0.14. The company posted revenue of C$234.43 million for the quarter, compared to a consensus estimate of C$230.07 million. As a group, analysts expect goeasy to post earnings per share of 14.49 for the current year.
About goeasy (Get an evaluation)
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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