goeasy (TSE:GSY) PT Raised to C$177.00 at BMO Capital Markets

goeasy (TSE:GSY) had its price objective lifted by analysts at BMO Capital Markets from C$167.00 to C$177.00 in a research note issued on Thursday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 42.33% from the stock’s current price.

A number of other brokerages also recently weighed in on GSY. CIBC boosted their target price on shares of goeasy from C$140.00 to C$150.00 and gave the stock an “outperform” rating in a research note on Thursday, October 26th. TD Securities lifted their price target on shares of goeasy from C$160.00 to C$165.00 and gave the stock a “buy” rating in a research report on Tuesday, August 1st. Raymond James lifted their price target on shares of goeasy from C$136.00 to C$151.00 in a research report on Friday, August 11th. National Bankshares lifted their price target on shares of goeasy from C$175.00 to C$185.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Scotiabank lowered their price target on shares of goeasy from C$150.00 to C$145.00 and set a “sector perform” rating for the company in a research report on Monday, October 30th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$162.88.

goeasy Trading Down 3.0 %

Shares of GSY stock opened at C$124.36 on Thursday. goeasy has a 12-month low of C$87.00 and a 12-month high of C$135.50. The company has a market capitalization of C$2.06 billion, a P/E ratio of 11.47, a P/E/G ratio of 0.84 and a beta of 2.00. The firm has a 50-day moving average price of C$113.84 and a 200 day moving average price of C$114.06. The company has a quick ratio of 28.46, a current ratio of 36.85 and a debt-to-equity ratio of 272.32.

goeasy (TSE:GSY) last announced its quarterly earnings results on Wednesday, August 9th. The company reported C$3.28 earnings per share (EPS) for the quarter, beating the consensus estimate of C$3.18 by C$0.10. goeasy had a net margin of 26.88% and a return on equity of 21.23%. The firm had revenue of C$302.93 million during the quarter, compared to the consensus estimate of C$301.27 million. Research analysts forecast that goeasy will post 16.9791667 earnings per share for the current fiscal year.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and real estate secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.