goeasy (TSE: GSY) saw its target price increased by investment analysts at National Bank Financial to C $ 220.00 in a research report released to clients and investors on Friday, Target equity advisor reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price target suggests a potential increase of 19.89% over the company’s current price.
GSY has been the subject of a number of other research reports. Desjardins increased its price target for goeasy shares from C $ 190.00 to C $ 202.00 and assigned the company a “buy” rating in a research note on Monday, October 18. National Bankshares raised its target price on the goeasy stock from C $ 196.00 to C $ 220.00 and rated the stock as “outperforming” in a report released Friday. Raymond James raised his target price on the goeasy stock from C $ 182.00 to C $ 207.00 and rated the stock as “outperforming” in a report released on Friday. BMO Capital Markets raised its price target for goeasy shares from C $ 207.00 to C $ 226.00 and assigned the company a “na” rating in a report released Friday. Finally, TD Securities launched a cover on the shares of goeasy in a research note on Wednesday, October 20. They issued a “buy” note and a target price of CAD $ 261.00 for the company. Seven analysts rated the stock with a buy rating. Based on MarketBeat data, the company has a consensus rating of “Buy” and an average target price of C $ 217.29.
GSY stock traded down C $ 2.10 during the Friday noon session, reaching C $ 183.50. The stock had a trade volume of 55,533 shares, compared to an average volume of 70,155. The company has a market capitalization of C $ 3.03 billion and a PE ratio of 13.62. The company’s 50-day mobile average price is CA $ 198.74 and its 200-day mobile average price is CA $ 171.60. goeasy has a 12-month low of CA $ 78.00 and a 12-month high of CA $ 218.35. The company has a debt to equity ratio of 209.59, a current ratio of 15.46 and a rapid ratio of 15.40.
goeasy (TSE: GSY) last reported its quarterly results on Thursday, August 5. The company reported earnings per share of C $ 2.61 for the quarter, beating analyst consensus estimates of C $ 2.51 by C $ 0.10. The company reported sales of C $ 202.36 million for the quarter, compared to the consensus estimate of C $ 197.30 million. As a group, sell-side analysts predict that goeasy will post EPS of 12.4700005 for the current year.
Goeasy company profile
goeasy Ltd. provides loans and other financial services to consumers in Canada. It also rents household products to consumers. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment offers unsecured and secured real estate installment loans and secured savings loans; loan protection plans; and optional home and auto insurance products, which provide roadside assistance and a variety of other support services, as well as credit monitoring services.
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