goeasy (TSE:GSY) Price target reduced to CA$160.00
easy (EAST: GSY – Get a rating) saw its price target lowered by CIBC equity research analysts from C$180.00 to C$160.00 in a report on Monday, BayStreet.CA reports. CIBC’s price target indicates a potential upside of 49.55% from the company’s current price.
Several other research companies have also recently published reports on GSY. Scotiabank raised its price target on goeasy shares from C$140.00 to C$160.00 in a Friday, August 12 report. TD Securities raised its target price on goeasy shares from C$195.00 to C$200.00 and gave the company a “buy” rating in a research note on Friday, August 12. National Bankshares raised its price target on goeasy shares from C$155.00 to C$170.00 and gave the company an “outperform” rating in a Thursday, Aug. 11 research note. Raymond James lowered his price target on goeasy shares from C$213.00 to C$202.00 and set a “strong buy” rating on the stock in a Friday, July 8 research note. Finally, BMO Capital Markets raised its price target on goeasy shares from C$225.00 to C$234.00 in a Friday, August 12 research note. One investment analyst has assigned the stock a hold rating, four have issued a buy rating and one has assigned the stock a high buy rating. Based on data from MarketBeat.com, the company currently has a consensus buy rating and a consensus price target of C$192.29.
goeasy stock market performance
GSY traded at C$2.19 during Monday’s trading, reaching C$106.99. The stock recorded trading volume of 22,048 shares, compared to an average trading volume of 64,861 shares. The company has a market capitalization of C$1.69 billion and a PE ratio of 10.32. goeasy has a 12-month low of C$95.00 and a 12-month high of C$206.06. The company has a current ratio of 25.76, a quick ratio of 25.67 and a debt ratio of 261.22. The company has a 50-day simple moving average of C$117.40 and a 200-day simple moving average of C$113.78.
easy (EAST: GSY – Get a rating) last released its quarterly earnings data on Wednesday, August 10. The company reported earnings per share (EPS) of C$2.83 for the quarter, beating the consensus estimate of C$2.74 by C$0.09. The company reported revenue of C$251.65 million for the quarter, compared to a consensus estimate of C$247.13 million. Analysts expect goeasy to post EPS of 14.8999993 for the current year.
goeasy ltd. provides consumer leasing and loan services in Canada. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, real estate and car loans; point-of-sale and small business financing; and value-added services.
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