goeasy (TSE:GSY) Price Target Cut to C$160.00 by Analysts at TD Securities

goeasy (TSE:GSY) had its price objective cut by equities researchers at TD Securities from C$210.00 to C$160.00 in a report released on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 23.59% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group lowered their price objective on goeasy from C$230.00 to C$225.00 in a research note on Tuesday. Scotiabank upgraded goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price objective on the stock in a report on Thursday, October 16th. BMO Capital Markets cut their target price on goeasy from C$232.00 to C$226.00 in a research note on Thursday. Raymond James Financial reduced their target price on goeasy from C$226.00 to C$208.00 in a research report on Thursday. Finally, National Bankshares lowered their price target on goeasy from C$265.00 to C$245.00 in a report on Thursday. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$206.88.

goeasy Price Performance

GSY traded down C$4.80 during trading on Friday, reaching C$129.46. The company’s stock had a trading volume of 330,928 shares, compared to its average volume of 75,209. The company has a market cap of C$2.08 billion, a price-to-earnings ratio of 7.79, a PEG ratio of 0.84 and a beta of 0.92. The firm has a fifty day simple moving average of C$179.71 and a two-hundred day simple moving average of C$173.35. goeasy has a 1 year low of C$127.60 and a 1 year high of C$216.50. 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 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.