goeasy (TSE:GSY) Given New C$225.00 Price Target at Royal Bank of Canada

goeasy (TSE:GSY) had its price objective boosted by equities research analysts at Royal Bank of Canada from C$201.00 to C$225.00 in a note issued to investors on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 20.45% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Colliers Securities upped their price target on shares of goeasy from C$200.00 to C$220.00 in a research report on Wednesday. National Bankshares raised their price objective on goeasy from C$195.00 to C$210.00 and gave the company an “outperform” rating in a research report on Tuesday, April 30th. Desjardins boosted their target price on shares of goeasy from C$185.00 to C$190.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Raymond James increased their price target on shares of goeasy from C$166.00 to C$200.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Finally, BMO Capital Markets lifted their price objective 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. One 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 company has a consensus rating of “Moderate Buy” and an average price target of C$206.20.

goeasy Trading Up 1.2 %

GSY stock traded up C$2.27 during trading on Wednesday, hitting C$186.80. The company had a trading volume of 86,361 shares, compared to its average volume of 40,734. The firm has a market capitalization of C$3.11 billion, a P/E ratio of 12.90, a PEG ratio of 0.84 and a beta of 1.97. The company has a quick ratio of 28.46, a current ratio of 15.62 and a debt-to-equity ratio of 278.25. goeasy has a 52-week low of C$94.20 and a 52-week high of C$188.25. The company has a 50 day simple moving average of C$167.99 and a 200-day simple moving average of C$154.33.

goeasy (TSE:GSY) last released 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 return on equity of 25.77% and a net margin of 33.21%. The company had revenue of C$338.11 million for the quarter, compared to the consensus estimate of C$340.35 million. As a group, research analysts forecast that goeasy will post 16.6561044 earnings per share for the current fiscal year.

Insider Buying and Selling

In other goeasy news, Director David Ingram sold 30,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total value of C$4,727,400.00. 22.18% of the stock is owned by insiders.

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.