goeasy (TSE:GSY) PT Raised to C$200.00 at CIBC

goeasy (TSE:GSY) had its price target lifted by analysts at CIBC from C$175.00 to C$200.00 in a note issued to investors on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. CIBC’s price target suggests a potential upside of 16.29% from the company’s previous close.

Other analysts also recently issued reports about the stock. Royal Bank of Canada upped their target price on shares of goeasy from C$193.00 to C$195.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th. BMO Capital Markets upped their target price on shares of goeasy from C$187.00 to C$192.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Scotiabank upped their target price on shares of goeasy from C$145.00 to C$170.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 31st. National Bankshares upped their target price on shares of goeasy from C$190.00 to C$195.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th. Finally, Raymond James upped their target price on shares of goeasy from C$166.00 to C$200.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$189.11.

goeasy Stock Down 1.0 %

Shares of TSE GSY opened at C$171.99 on Wednesday. The company has a current ratio of 15.62, a quick ratio of 28.46 and a debt-to-equity ratio of 278.25. goeasy has a 12 month low of C$87.00 and a 12 month high of C$180.10. The firm has a market capitalization of C$2.86 billion, a PE ratio of 11.88, a price-to-earnings-growth ratio of 0.84 and a beta of 2.03. The firm has a fifty day simple moving average of C$165.16 and a two-hundred day simple moving average of C$147.55.

goeasy (TSE:GSY) last issued its quarterly earnings data on Tuesday, February 13th. The company reported C$4.01 EPS for the quarter, topping the consensus estimate of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The business had revenue of C$338.11 million during the quarter, compared to analyst estimates of C$340.35 million. Equities analysts expect that goeasy will post 16.5811069 earnings per share for the current year.

Insider Activity

In other news, Director David Ingram sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. Insiders own 22.53% of the company’s stock.

About goeasy

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.