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

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

Several other research firms have also weighed in on GSY. Raymond James decreased their target price on shares of goeasy from C$213.00 to C$202.00 and set a “strong-buy” rating on the stock in a report on Friday, July 8th. CIBC decreased their target price on shares of goeasy from C$200.00 to C$180.00 and set an “outperform” rating on the stock in a report on Thursday, May 12th. National Bankshares decreased their target price on shares of goeasy from C$220.00 to C$155.00 and set an “outperform” rating on the stock in a report on Thursday, May 12th. Scotiabank decreased their target price on shares of goeasy from C$170.00 to C$160.00 in a report on Friday, May 13th. Finally, BMO Capital Markets decreased their target price on shares of goeasy from C$228.00 to C$225.00 in a report on Friday, May 13th. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$192.38.

goeasy Stock Performance

GSY opened at C$123.59 on Thursday. The firm has a market capitalization of C$1.95 billion and a PE ratio of 13.69. goeasy has a twelve month low of C$95.00 and a twelve month high of C$218.35. The firm’s 50-day moving average price is C$106.37 and its 200 day moving average price is C$123.59. The company has a current ratio of 16.00, a quick ratio of 15.94 and a debt-to-equity ratio of 240.20.

goeasy (TSE:GSYGet Rating) last posted its quarterly earnings results on Wednesday, May 11th. The company reported C$2.72 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.78 by C($0.06). The company had revenue of C$232.14 million for the quarter, compared to analysts’ expectations of C$233.25 million. As a group, sell-side analysts expect 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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