Atb Cormark Cm Cuts goeasy (TSE:GSY) Price Target to C$185.00

goeasy (TSE:GSY) had its price target decreased by analysts at Atb Cormark Cm from C$200.00 to C$185.00 in a report issued on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Atb Cormark Cm’s target price indicates a potential upside of 52.83% from the company’s current price.

Several other analysts have also recently commented on GSY. BMO Capital Markets reduced their target price on goeasy from C$232.00 to C$226.00 in a report on Thursday, November 6th. Scotiabank dropped their price target on shares of goeasy from C$225.00 to C$210.00 in a research report on Friday, January 30th. TD Securities cut shares of goeasy from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$160.00 to C$135.00 in a research report on Monday, January 19th. Jefferies Financial Group dropped their target price on shares of goeasy from C$225.00 to C$194.00 in a report on Monday, November 10th. Finally, National Bank Financial cut their price target on shares of goeasy from C$245.00 to C$210.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$186.56.

goeasy Trading Down 0.4%

TSE:GSY traded down C$0.49 during trading hours on Friday, hitting C$121.05. 87,609 shares of the company were exchanged, compared to its average volume of 128,834. The stock has a market capitalization of C$1.94 billion, a price-to-earnings ratio of 8.83, a price-to-earnings-growth ratio of 0.84 and a beta of 0.39. goeasy has a one year low of C$117.52 and a one year high of C$216.50. The company has a fifty day simple moving average of C$129.33 and a 200 day simple moving average of C$158.30. 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 (TSE:GSY) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$4.12 earnings per share for the quarter. goeasy had a return on equity of 25.26% and a net margin of 19.49%.The company had revenue of C$440.22 million during the quarter. Sell-side analysts expect that goeasy will post 20.3207343 EPS for the current fiscal year.

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. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.