goeasy (TSE:GSY) Price Target Increased to C$230.00 by Analysts at CIBC

goeasy (TSE:GSY) had its price target lifted by analysts at CIBC from C$220.00 to C$230.00 in a report released on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s price target would indicate a potential upside of 28.40% from the stock’s current price.

Several other brokerages also recently issued reports on GSY. Cormark upped their price objective on goeasy from C$193.00 to C$200.00 and gave the company a “buy” rating in a research report on Wednesday, February 14th. National Bankshares raised their price target on shares of goeasy from C$195.00 to C$210.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 30th. BMO Capital Markets raised their target price on shares of goeasy from C$187.00 to C$192.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Royal Bank of Canada upped their target price on goeasy from C$195.00 to C$201.00 and gave the company an “outperform” rating in a research note on Monday, April 29th. Finally, Raymond James raised their target price on shares of goeasy from C$166.00 to C$200.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, goeasy presently has a consensus rating of “Moderate Buy” and an average price target of C$208.80.

goeasy Stock Performance

TSE GSY opened at C$179.13 on Wednesday. The business has a 50 day moving average price of C$168.74 and a 200 day moving average price of C$154.75. The company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46. The company has a market capitalization of C$2.98 billion, a P/E ratio of 12.37, a PEG ratio of 0.84 and a beta of 1.97. goeasy has a 1-year low of C$100.03 and a 1-year high of C$192.08.

goeasy (TSE:GSY) last released its quarterly earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of C$3.92 by C$0.09. goeasy had a return on equity of 25.77% and a net margin of 33.21%. The business had revenue of C$338.11 million during the quarter, compared to the consensus estimate of C$340.35 million. Sell-side analysts expect that goeasy will post 16.6561044 EPS for the current fiscal year.

Insider Transactions at goeasy

In other goeasy news, Director David Ingram sold 30,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. Insiders own 22.18% of the company’s stock.

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 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.