goeasy (TSE:GSY) Price Target Raised to C$45.00

goeasy (TSE:GSY) had its price target lifted by Raymond James Financial from C$42.00 to C$45.00 in a research report released on Tuesday,BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Several other research analysts have also recently issued reports on the company. ATB Cormark Capital Markets dropped their target price on goeasy from C$42.00 to C$35.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 14th. TD Securities lowered their price objective on shares of goeasy from C$44.00 to C$36.00 and set a “hold” rating on the stock in a research note on Thursday, April 2nd. Jefferies Financial Group dropped their price objective on shares of goeasy from C$50.00 to C$39.00 in a report on Thursday, April 2nd. Royal Bank Of Canada cut their target price on shares of goeasy from C$33.00 to C$30.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Finally, Desjardins reduced their target price on shares of goeasy from C$47.00 to C$38.00 and set a “buy” rating for the company in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$36.89.

goeasy Trading Down 5.1%

TSE:GSY opened at C$47.09 on Tuesday. goeasy has a 12 month low of C$27.60 and a 12 month high of C$216.50. The company has a market cap of C$755.04 million, a PE ratio of -4.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.41. The company has a 50 day simple moving average of C$41.66 and a two-hundred day simple moving average of C$66.03.

goeasy (TSE:GSY) last released its quarterly earnings results on Tuesday, May 12th. The company reported C($1.90) earnings per share for the quarter. goeasy had a negative net margin of 15.76% and a negative return on equity of 26.45%. The firm had revenue of C$412.86 million for the quarter. Research analysts forecast that goeasy will post 20.3207343 earnings per share for the current 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.