goeasy (TSE:GSY) Given New C$185.00 Price Target at Atb Cormark Cm

goeasy (TSE:GSY) had its target price lowered by Atb Cormark Cm from C$200.00 to C$185.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Atb Cormark Cm’s price target indicates a potential upside of 52.83% from the company’s previous close.

GSY has been the subject of several other reports. National Bank Financial cut their price target on goeasy from C$245.00 to C$210.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Raymond James Financial cut goeasy from a “moderate buy” rating to a “hold” rating and dropped their price objective for the company from C$208.00 to C$153.00 in a report on Wednesday, December 3rd. Jefferies Financial Group cut their target price on goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th. Scotiabank decreased their price target on goeasy from C$225.00 to C$210.00 in a research report on Friday, January 30th. Finally, Royal Bank Of Canada dropped their price target on goeasy from C$194.00 to C$156.00 in a research note on Friday, November 7th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$186.56.

goeasy Stock Performance

Shares of GSY stock traded down C$0.49 on Friday, hitting C$121.05. The company’s stock had a trading volume of 87,609 shares, compared to its average volume of 128,834. goeasy has a fifty-two week low of C$117.52 and a fifty-two week high of C$216.50. The company has a market capitalization of C$1.94 billion, a PE ratio of 8.83, a PEG ratio of 0.84 and a beta of 0.39. The stock’s 50 day moving average is C$129.33 and its 200-day moving average is C$158.30. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04.

goeasy (TSE:GSY) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$4.12 earnings per share for the quarter. goeasy had a net margin of 19.49% and a return on equity of 25.26%. The business had revenue of C$440.22 million during the quarter. Equities research analysts expect that goeasy will post 20.3207343 earnings per share for the current fiscal year.

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. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.