Jefferies Financial Group Cuts goeasy (TSE:GSY) Price Target to C$215.00

goeasy (TSE:GSY) had its target price lowered by analysts at Jefferies Financial Group from C$228.00 to C$215.00 in a research note issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 29.21% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. National Bankshares lifted their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Desjardins dropped their target price on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Finally, BMO Capital Markets boosted their target price on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$219.40.

goeasy Stock Performance

goeasy stock traded down C$0.37 during midday trading on Tuesday, hitting C$166.40. The company’s stock had a trading volume of 30,370 shares, compared to its average volume of 74,991. goeasy has a 1-year low of C$153.31 and a 1-year high of C$206.02. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The company has a 50-day moving average price of C$170.74 and a two-hundred day moving average price of C$178.44. The company has a market cap of C$2.80 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 0.84 and a beta of 1.87.

Insider Buying and Selling

In other goeasy news, Senior Officer Jason Mullins sold 2,500 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. Also, Senior Officer Patrick Ryan Doris Ens bought 3,050 shares of the business’s stock in a transaction on Friday, November 15th. The shares were acquired at an average price of C$172.62 per share, with a total value of C$526,491.00. 22.05% of the stock is owned by insiders.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.