Raymond James Financial Lowers goeasy (TSE:GSY) Price Target to C$208.00

goeasy (TSE:GSY) had its target price dropped by equities researchers at Raymond James Financial from C$226.00 to C$208.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. Raymond James Financial’s target price suggests a potential upside of 54.41% from the stock’s current price.

Other research analysts have also recently issued research reports about the company. BMO Capital Markets raised their price target on goeasy from C$228.00 to C$232.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Scotiabank upgraded goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price target for the company in a research report on Thursday, October 16th. National Bankshares set a C$265.00 price target on goeasy and gave the company an “outperform” rating in a report on Tuesday, September 23rd. Jefferies Financial Group reduced their price objective on goeasy from C$230.00 to C$225.00 in a research note on Tuesday. Finally, TD Securities lifted their price objective on goeasy from C$205.00 to C$210.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, goeasy has a consensus rating of “Moderate Buy” and an average target price of C$217.88.

goeasy Price Performance

goeasy stock traded down C$27.05 during midday trading on Thursday, reaching C$134.71. The company’s stock had a trading volume of 590,721 shares, compared to its average volume of 73,137. goeasy has a fifty-two week low of C$130.68 and a fifty-two week high of C$216.50. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The stock’s 50 day simple moving average is C$181.32 and its 200 day simple moving average is C$173.62. The firm has a market capitalization of C$2.17 billion, a PE ratio of 8.11, a P/E/G ratio of 0.84 and a beta of 0.92.

About goeasy

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.