goeasy (TSE:GSY) Price Target Lowered to C$170.00 at BMO Capital Markets

goeasy (TSE:GSY) had its target price cut by stock analysts at BMO Capital Markets from C$225.00 to C$170.00 in a report released on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 54.62% from the stock’s previous close.

Several other equities analysts have also issued reports on GSY. ATB Cormark Capital Markets reduced their target price on goeasy from C$200.00 to C$185.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Scotiabank reduced their price objective on goeasy from C$225.00 to C$210.00 in a research note on Friday, January 30th. Jefferies Financial Group lowered their target price on goeasy from C$225.00 to C$194.00 in a research note on Monday, November 10th. National Bank Financial reduced their price target on shares of goeasy from C$245.00 to C$210.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Finally, Raymond James Financial lowered shares of goeasy from a “moderate buy” rating to a “hold” rating and lowered their price objective for the stock from C$208.00 to C$153.00 in a research report on Wednesday, December 3rd. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$180.33.

goeasy Stock Up 3.7%

goeasy stock traded up C$3.89 during midday trading on Wednesday, hitting C$109.95. 105,809 shares of the stock were exchanged, compared to its average volume of 148,314. goeasy has a 52-week low of C$103.20 and a 52-week high of C$216.50. The company has a quick ratio of 28.46, a current ratio of 42.83 and a debt-to-equity ratio of 383.82. The business’s 50-day moving average price is C$126.19 and its 200-day moving average price is C$150.39. The stock has a market capitalization of C$1.76 billion, a price-to-earnings ratio of 8.02, a price-to-earnings-growth ratio of 0.84 and a beta of 0.39.

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.