goeasy (TSE:GSY) Price Target Raised to C$35.00

goeasy (TSE:GSY) had its price objective boosted by Royal Bank Of Canada from C$30.00 to C$35.00 in a research note issued to investors on Monday morning,BayStreet.CA reports.

Other research analysts have also issued reports about the company. Raymond James Financial increased their target price on goeasy from C$42.00 to C$45.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 21st. Scotiabank downgraded goeasy from a “sector outperform” rating to a “sector perform” rating and lowered their price target for the company from C$55.00 to C$39.00 in a research report on Tuesday, April 28th. BMO Capital Markets dropped their price target on goeasy from C$45.00 to C$36.00 in a research note on Wednesday, May 13th. Desjardins reduced their price objective on goeasy from C$47.00 to C$38.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Finally, National Bank Financial lifted their price objective on goeasy from C$34.00 to C$43.00 and gave the company a “sector perform” rating in a research note on Monday, July 27th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of C$42.89.

goeasy Stock Performance

Shares of GSY stock opened at C$44.95 on Monday. goeasy has a one year low of C$27.60 and a one year high of C$216.50. The company has a 50 day moving average price of C$44.91 and a 200 day moving average price of C$57.64. The firm has a market capitalization of C$720.73 million, a price-to-earnings ratio of -2.15, a price-to-earnings-growth ratio of 0.84 and a beta of 1.39.

goeasy (TSE:GSY) last announced its quarterly earnings results on Thursday, August 6th. The company reported C$1.02 earnings per share for the quarter. goeasy had a negative net margin of 20.21% and a negative return on equity of 37.13%. The company had revenue of C$390.04 million for the quarter. As a group, equities analysts forecast 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.