TD Securities Lowers goeasy (TSE:GSY) Price Target to C$195.00

goeasy (TSE:GSYGet Rating) had its price objective lowered by research analysts at TD Securities from C$215.00 to C$195.00 in a research report issued on Thursday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 57.78% from the stock’s current price.

A number of other brokerages have also recently issued reports on GSY. CIBC cut their target price on shares of goeasy from C$200.00 to C$180.00 and set an “outperform” rating for the company in a research report on Thursday, May 12th. BMO Capital Markets cut their price objective on shares of goeasy from C$228.00 to C$225.00 in a research report on Friday, May 13th. Raymond James cut their price objective on shares of goeasy from C$213.00 to C$202.00 and set a “strong-buy” rating for the company in a research report on Friday, July 8th. Scotiabank cut their price objective on shares of goeasy from C$170.00 to C$160.00 in a research report on Friday, May 13th. Finally, National Bankshares cut their price objective on shares of goeasy from C$220.00 to C$155.00 and set an “outperform” rating for the company in a research report on Thursday, May 12th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$192.38.

goeasy Stock Performance

Shares of GSY opened at C$123.59 on Thursday. The company has a current ratio of 16.00, a quick ratio of 15.94 and a debt-to-equity ratio of 240.20. The stock has a market cap of C$1.95 billion and a P/E ratio of 13.69. The company has a 50-day moving average of C$106.37 and a two-hundred day moving average of C$123.59. goeasy has a 12-month low of C$95.00 and a 12-month high of C$218.35.

goeasy (TSE:GSYGet Rating) last announced its earnings results on Wednesday, May 11th. The company reported C$2.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$2.78 by C($0.06). The business had revenue of C$232.14 million for the quarter, compared to the consensus estimate of C$233.25 million. As a group, research analysts predict that goeasy will post 14.3800006 EPS for the current fiscal year.

About goeasy

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goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services.

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Analyst Recommendations for goeasy (TSE:GSY)

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