goeasy (TSE:GSY) Price Target Cut to C$225.00 by Analysts at Scotiabank

goeasy (TSE:GSY) had its price target reduced by research analysts at Scotiabank from C$235.00 to C$225.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 28.13% from the company’s current price.

A number of other equities analysts also recently weighed in on the stock. Raymond James Financial boosted their target price on shares of goeasy from C$215.00 to C$226.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th. TD Securities upped their price objective on shares of goeasy from C$205.00 to C$210.00 and gave the company a “buy” rating in a report on Thursday, August 7th. BMO Capital Markets upped their price objective on shares of goeasy from C$228.00 to C$232.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Finally, National Bankshares set a C$265.00 price objective on shares of goeasy and gave the company an “outperform” rating in a report on Tuesday. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$220.00.

goeasy Stock Down 4.7%

GSY traded down C$8.73 during trading on Tuesday, reaching C$175.60. 181,067 shares of the stock were exchanged, compared to its average volume of 68,184. The stock has a market cap of C$2.82 billion, a P/E ratio of 10.57, a price-to-earnings-growth ratio of 0.84 and a beta of 1.16. goeasy has a twelve month low of C$134.01 and a twelve month high of C$216.50. The stock’s 50 day moving average price is C$198.55 and its two-hundred day moving average price is C$170.13. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.