goeasy Ltd. (TSE:GSY) Receives C$36.56 Average Price Target from Brokerages

goeasy Ltd. (TSE:GSY) has received a consensus rating of “Hold” from the nine brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$36.89.

GSY has been the topic of several recent research reports. TD Securities dropped 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 report on Thursday, April 2nd. 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 research note on Thursday, May 14th. Royal Bank Of Canada lowered their price target on shares of goeasy from C$33.00 to C$30.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. National Bank Financial dropped their price target on shares of goeasy from C$38.00 to C$34.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 14th. Finally, Scotiabank lowered goeasy from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from C$55.00 to C$39.00 in a report on Tuesday, April 28th.

goeasy Stock Performance

GSY opened at C$47.09 on Tuesday. goeasy has a fifty-two week low of C$27.60 and a fifty-two week high of C$216.50. The firm has a 50-day moving average of C$41.66 and a 200 day moving average of C$66.03. The firm has a market cap of C$755.04 million, a P/E ratio of -4.37, a PEG ratio of 0.84 and a beta of 1.41.

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

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