Jefferies Financial Group Cuts goeasy (TSE:GSY) Price Target to C$225.00

goeasy (TSE:GSY) had its target price cut by Jefferies Financial Group from C$230.00 to C$225.00 in a research report sent to investors on Tuesday,BayStreet.CA reports.

Several other analysts also recently issued reports on the company. TD Securities raised their price target on goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Royal Bank Of Canada set a C$194.00 target price on goeasy and gave the stock a “hold” rating in a research report on Wednesday, October 1st. BMO Capital Markets raised their target price 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. National Bankshares set a C$265.00 price target on shares of goeasy and gave the stock an “outperform” rating in a research report on Tuesday, September 23rd. Finally, Scotiabank raised shares of goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price objective on the stock in a report on Thursday, October 16th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$217.88.

goeasy Price Performance

GSY opened at C$134.26 on Tuesday. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. The company’s 50-day moving average price is C$179.71 and its 200 day moving average price is C$173.35. goeasy has a fifty-two week low of C$130.68 and a fifty-two week high of C$216.50. The firm has a market cap of C$2.16 billion, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 0.84 and a beta of 0.92.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, October 10th were given a $1.46 dividend. This represents a $5.84 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, September 26th. goeasy’s dividend payout ratio is 31.67%.

goeasy Company Profile

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers.