Brokerages Set goeasy Ltd. (TSE:GSY) Target Price at C$42.89

goeasy Ltd. (TSE:GSY) has earned a consensus rating of “Reduce” from the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$42.89.

A number of equities analysts have commented on the company. Royal Bank Of Canada lifted their target price on goeasy from C$30.00 to C$35.00 in a research note on Monday, August 10th. Jefferies Financial Group increased their price target on goeasy from C$45.00 to C$51.00 in a research report on Monday, August 10th. Raymond James Financial raised their price target on goeasy from C$42.00 to C$45.00 and gave the stock a “market perform” rating in a report on Tuesday, July 21st. BMO Capital Markets reduced their price objective on goeasy from C$45.00 to C$36.00 in a research report on Wednesday, May 13th. Finally, National Bank Financial upped their price objective on goeasy from C$43.00 to C$53.00 and gave the stock a “sector perform” rating in a research note on Monday, August 10th.

goeasy Trading Down 5.5%

GSY opened at C$43.26 on Friday. The firm’s 50 day moving average is C$45.21 and its 200-day moving average is C$55.87. goeasy has a 52-week low of C$27.60 and a 52-week high of C$216.50. The company has a quick ratio of 28.46, a current ratio of 22.81 and a debt-to-equity ratio of 558.73. The firm has a market capitalization of C$693.63 million, a P/E ratio of -2.07, a P/E/G ratio of 0.84 and a beta of 1.39.

goeasy (TSE:GSY) last released its quarterly earnings data on Thursday, August 6th. The company reported C$1.02 EPS for the quarter. goeasy had a negative net margin of 20.21% and a negative return on equity of 37.13%. The firm had revenue of C$390.04 million during the quarter. Analysts expect that goeasy will post 20.3207343 EPS for the current fiscal 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.