BMO Capital Markets Lowers goeasy (TSE:GSY) Price Target to C$170.00

goeasy (TSE:GSY) had its price target dropped by BMO Capital Markets from C$225.00 to C$170.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 54.62% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Scotiabank cut their price target on shares of goeasy from C$225.00 to C$210.00 in a research report on Friday, January 30th. National Bank Financial lowered their target price on goeasy from C$245.00 to C$210.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Jefferies Financial Group reduced their price objective on shares of goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th. Raymond James Financial downgraded shares of goeasy from a “moderate buy” rating to a “hold” rating and dropped their target price for the company from C$208.00 to C$153.00 in a research report on Wednesday, December 3rd. Finally, ATB Cormark Capital Markets reduced their price target on shares of goeasy from C$200.00 to C$185.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, goeasy presently has an average rating of “Moderate Buy” and an average target price of C$180.33.

goeasy Trading Up 3.7%

goeasy stock traded up C$3.89 during mid-day trading on Wednesday, hitting C$109.95. 105,809 shares of the stock were exchanged, compared to its average volume of 148,314. The stock has a market capitalization of C$1.76 billion, a price-to-earnings ratio of 8.02, a PEG ratio of 0.84 and a beta of 0.39. goeasy has a 12 month low of C$103.20 and a 12 month high of C$216.50. The company has a quick ratio of 28.46, a current ratio of 42.83 and a debt-to-equity ratio of 383.82. The firm’s fifty day simple moving average is C$126.19 and its two-hundred day simple moving average is C$150.39.

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.