Analysts Set goeasy Ltd. (TSE:GSY) Target Price at C$217.11

Shares of goeasy Ltd. (TSE:GSY) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$218.00.

Several research firms recently commented on GSY. Raymond James Financial lifted their price objective on 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 lifted their price objective on goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Royal Bank Of Canada set a C$194.00 price objective on goeasy and gave the stock a “hold” rating in a report on Wednesday, October 1st. BMO Capital Markets lifted their price objective on goeasy from C$228.00 to C$232.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Finally, Scotiabank upgraded goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price objective for the company in a report on Thursday, October 16th.

goeasy Price Performance

TSE GSY opened at C$162.87 on Friday. goeasy has a one year low of C$134.01 and a one year high of C$216.50. The stock has a 50-day moving average of C$188.44 and a 200 day moving average of C$172.33. The company has a market capitalization of C$2.62 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 0.84 and a beta of 0.90. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, October 10th were paid a dividend of $1.46 per share. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, September 26th. goeasy’s payout ratio is currently 31.67%.

About goeasy

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.