National Bank Financial Cuts goeasy (TSE:GSY) Price Target to C$38.00

goeasy (TSE:GSY) had its price target trimmed by National Bank Financial from C$50.00 to C$38.00 in a report released on Thursday,BayStreet.CA reports.

A number of other equities analysts also recently commented on the stock. Raymond James Financial reduced their price objective on shares of goeasy from C$77.00 to C$50.00 in a research note on Thursday. Jefferies Financial Group cut goeasy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Scotiabank cut their price target on goeasy from C$61.00 to C$55.00 in a report on Thursday. Royal Bank Of Canada reduced their price target on goeasy from C$52.00 to C$33.00 in a research report on Thursday. Finally, ATB Cormark Capital Markets decreased their price objective on goeasy from C$200.00 to C$185.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, goeasy presently has an average rating of “Hold” and an average price target of C$72.00.

goeasy Stock Performance

TSE GSY opened at C$34.87 on Thursday. The company has a debt-to-equity ratio of 543.86, a quick ratio of 28.46 and a current ratio of 23.15. The company has a market capitalization of C$558.83 million, a price-to-earnings ratio of 2.54, a price-to-earnings-growth ratio of 0.84 and a beta of 0.16. The company’s 50-day simple moving average is C$88.62 and its two-hundred day simple moving average is C$125.20. goeasy has a one year low of C$33.13 and a one year high of C$216.50.

goeasy (TSE:GSY) last posted its quarterly earnings results on Wednesday, April 1st. The company reported C($20.25) EPS for the quarter. goeasy had a negative net margin of 10.51% and a negative return on equity of 16.05%. The business had revenue of C$446.40 million during the quarter. Equities analysts forecast that goeasy will post 20.3207343 EPS for the current fiscal year.

goeasy News Roundup

Here are the key news stories impacting goeasy this week:

• Positive Sentiment: Desjardins cut its price target to C$47 but kept a “buy” rating — the new target implies ~34.8% upside from the current price; this is a relatively constructive analyst view. Article Title
• Positive Sentiment: Scotiabank lowered its target to C$55 (still a sizable upside), signaling analysts still see medium‑term recovery potential despite trimming forecasts. Article Title
• Positive Sentiment: Raymond James reduced its target to C$50 but maintains a level implying significant upside vs. current price, supporting the view some firms still expect stabilization. Article Title
• Neutral Sentiment: TD Securities trimmed its target to C$36 and moved to a “hold” — a modestly lower view that suggests limited near‑term upside. Article Title
• Neutral Sentiment: National Bank cut its target to C$38 (small implied upside) and Jefferies cut to C$39 — both reduce expectations but leave room for recovery if fundamentals improve. Article Title Tickerreport
• Negative Sentiment: ATB Cormark downgraded goeasy from “moderate buy” to “hold” and cut its target to C$42, signaling a material pullback in conviction. Article Title
• Negative Sentiment: RBC cut its target to C$33 — below the current share price — which is explicitly bearish and likely adds selling pressure. Article Title
• Negative Sentiment: Coverage of the sector: Reuters reports Canadian banks hold about C$880 million of exposure to goeasy, raising concerns about potential credit losses/counterparty risk that directly weigh on the stock. Article Title
• Negative Sentiment: Market writeups flagged the share move (trading down) and cited the Reuters exposure story plus the analyst revisions as drivers of the sell‑off. Article Title

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.