Royal Bank Of Canada Analysts Give goeasy (TSE:GSY) a C$194.00 Price Target

Royal Bank Of Canada set a C$194.00 price objective on goeasy (TSE:GSY) in a research report report published on Wednesday morning, MarketBeat reports. The brokerage currently has a hold rating on the stock.

A number of other brokerages also recently issued reports on GSY. National Bankshares set a C$265.00 target price on goeasy and gave the stock an “outperform” rating in a research note on Tuesday, September 23rd. TD Securities increased their target price on goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Raymond James Financial raised their price objective on goeasy from C$215.00 to C$226.00 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Scotiabank dropped their price objective on goeasy from C$235.00 to C$225.00 and set a “sector perform” rating for the company in a research note on Tuesday, September 23rd. Finally, BMO Capital Markets raised their price objective on goeasy from C$228.00 to C$232.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$217.11.

goeasy Stock Performance

Shares of GSY stock opened at C$165.12 on Wednesday. The company has a market cap of C$2.65 billion, a price-to-earnings ratio of 9.94, a price-to-earnings-growth ratio of 0.84 and a beta of 1.16. The stock has a 50 day simple moving average of C$197.77 and a 200-day simple moving average of C$171.36. goeasy has a 12-month low of C$134.01 and a 12-month high of C$216.50. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63.

goeasy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Friday, October 10th will be given a dividend of $1.46 per share. The ex-dividend date of this dividend is Friday, September 26th. This represents a $5.84 annualized dividend and a yield of 3.5%. goeasy’s dividend payout ratio (DPR) is presently 31.67%.

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.