goeasy (TSE:GSY) Price Target Raised to C$51.00

goeasy (TSE:GSY) had its price target increased by Jefferies Financial Group from C$45.00 to C$51.00 in a report released on Monday,BayStreet.CA reports.

Several other equities analysts have also recently issued reports on GSY. Royal Bank Of Canada dropped their target price on goeasy from C$33.00 to C$30.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Desjardins reduced their price target on goeasy from C$47.00 to C$38.00 and set a “buy” rating for the company in a report on Thursday, May 14th. National Bank Financial lifted their price target on goeasy from C$34.00 to C$43.00 and gave the company a “sector perform” rating in a research note on Monday, July 27th. Scotiabank downgraded goeasy from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the company from C$55.00 to C$39.00 in a research note on Tuesday, April 28th. Finally, ATB Cormark Capital Markets lowered goeasy from a “market perform” rating to an “underperform” rating and set a C$35.00 price objective on the stock. in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of C$42.89.

goeasy Stock Down 2.4%

Shares of TSE:GSY opened at C$44.95 on Monday. The company has a market cap of C$720.73 million, a price-to-earnings ratio of -2.15, a PEG ratio of 0.84 and a beta of 1.39. The firm’s 50-day simple moving average is C$44.91 and its 200-day simple moving average is C$57.64. goeasy has a fifty-two week low of C$27.60 and a fifty-two week high of C$216.50.

goeasy (TSE:GSY) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.02 earnings per share (EPS) for the quarter. The business had revenue of C$390.04 million for the quarter. goeasy had a negative net margin of 20.21% and a negative return on equity of 37.13%. On average, research analysts forecast that goeasy will post 20.3207343 EPS for the current 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.