Scotiabank Cuts goeasy (TSE:GSY) Price Target to C$61.00

goeasy (TSE:GSY) had its price target decreased by Scotiabank from C$68.00 to C$61.00 in a research note released on Wednesday,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

GSY has been the subject of a number of other research reports. National Bank Financial cut goeasy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Royal Bank Of Canada cut goeasy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 11th. Raymond James Financial downgraded goeasy from a “moderate buy” rating to a “hold” rating and reduced their price objective for the company from C$208.00 to C$153.00 in a research note on Wednesday, December 3rd. ATB Cormark Capital Markets decreased their price objective on goeasy from C$200.00 to C$185.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Finally, TD Securities cut shares of goeasy from a “buy” rating to a “hold” rating and lowered their target price for the stock from C$160.00 to C$135.00 in a research note on Monday, January 19th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$163.78.

goeasy Price Performance

Shares of goeasy stock opened at C$36.42 on Wednesday. The firm has a market cap of C$583.67 million, a PE ratio of 2.66, a P/E/G ratio of 0.84 and a beta of 0.16. goeasy has a twelve month low of C$33.13 and a twelve 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 business has a 50-day moving average price of C$97.87 and a 200 day moving average price of C$131.77.

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.