Jefferies Financial Group Has Lowered Expectations for goeasy (TSE:GSY) Stock Price

goeasy (TSE:GSY) had its price objective dropped by equities research analysts at Jefferies Financial Group from C$222.00 to C$182.00 in a research report issued on Monday,BayStreet.CA reports. Jefferies Financial Group’s price objective points to a potential upside of 22.00% from the stock’s current price.

Several other research analysts have also recently commented on GSY. Raymond James upped their target price on shares of goeasy from C$230.00 to C$245.00 in a research report on Tuesday, February 18th. TD Securities set a C$199.00 price objective on goeasy and gave the stock a “buy” rating in a report on Wednesday, April 9th. Finally, BMO Capital Markets upgraded goeasy from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from C$207.00 to C$200.00 in a research report on Friday, March 14th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$217.30.

goeasy Stock Performance

GSY stock traded down C$8.74 during mid-day trading on Monday, reaching C$149.18. The company had a trading volume of 35,770 shares, compared to its average volume of 74,766. The stock’s 50-day simple moving average is C$156.65 and its two-hundred day simple moving average is C$167.92. The stock has a market capitalization of C$2.50 billion, a P/E ratio of 9.07, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. goeasy has a one year low of C$134.01 and a one year high of C$206.02.

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.