goeasy (TSE:GSY) Price Target Raised to C$53.00 at National Bank Financial

goeasy (TSE:GSY) had its price objective increased by equities researchers at National Bank Financial from C$43.00 to C$53.00 in a research report issued on Monday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 14.03% from the stock’s current price.

GSY has been the subject of a number of other reports. Royal Bank Of Canada raised their price objective on shares of goeasy from C$30.00 to C$35.00 in a research note on Monday. Scotiabank lowered goeasy from a “sector outperform” rating to a “sector perform” rating and reduced their target price for the company from C$55.00 to C$39.00 in a research note on Tuesday, April 28th. Raymond James Financial increased their target price on goeasy from C$42.00 to C$45.00 and gave the company a “market perform” rating in a report on Tuesday, July 21st. BMO Capital Markets cut their price target on goeasy from C$45.00 to C$36.00 in a report on Wednesday, May 13th. Finally, Desjardins upped their price objective on goeasy from C$38.00 to C$56.00 and gave the company a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of C$42.89.

goeasy Price Performance

Shares of TSE:GSY traded down C$3.42 during midday trading on Monday, hitting C$46.48. 184,241 shares of the stock were exchanged, compared to its average volume of 252,770. goeasy has a twelve month low of C$27.60 and a twelve month high of C$216.50. The company has a current ratio of 28.22, a quick ratio of 28.46 and a debt-to-equity ratio of 599.13. The company has a 50 day moving average price of C$44.56 and a 200-day moving average price of C$59.40. The stock has a market cap of C$745.26 million, a P/E ratio of -2.85, a PEG ratio of 0.84 and a beta of 1.39.

goeasy (TSE:GSY) last posted its earnings results on Thursday, August 6th. The company reported C$1.02 earnings per share for the quarter. The firm had revenue of C$390.04 million during the quarter. goeasy had a negative net margin of 15.76% and a negative return on equity of 26.45%. On average, 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.