goeasy (TSE:GSY) Price Target Lowered to C$180.00 at CIBC

goeasy (TSE:GSY – Get Rating) had its price objective cut by CIBC from C$200.00 to C$180.00 in a note issued to investors on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. CIBC’s price objective would suggest a potential upside of 60.33% from the company’s previous close.

Several other equities research analysts also recently weighed in on GSY. Scotiabank decreased their target price on shares of goeasy from C$200.00 to C$170.00 in a research note on Tuesday, April 26th. TD Securities decreased their target price on shares of goeasy from C$240.00 to C$220.00 and set a “buy” rating for the company in a research note on Friday, April 29th. Finally, Raymond James upgraded shares of goeasy from an “outperform” rating to a “strong-buy” rating and set a C$207.00 target price for the company in a research note on Friday, March 11th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$196.25.

TSE GSY opened at C$112.27 on Thursday. The company has a debt-to-equity ratio of 209.19, a current ratio of 15.34 and a quick ratio of 15.28. goeasy has a 1 year low of C$97.63 and a 1 year high of C$218.35. The company has a market capitalization of C$1.82 billion and a PE ratio of 7.68. The company has a fifty day moving average of C$126.10 and a two-hundred day moving average of C$154.95.

goeasy (TSE:GSY – Get Rating) last released its quarterly earnings data on Wednesday, February 16th. The company reported C$2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of C$2.62 by C$0.14. The company had revenue of C$234.43 million during the quarter, compared to analyst estimates of C$230.07 million. On average, research analysts expect that goeasy will post 14.49 earnings per share for the current year.

goeasy Company Profile (Get Rating)

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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