goeasy (TSE:GSY) Price Target Raised to C$220.00 at Colliers Securities

goeasy (TSE:GSY) had its price objective hoisted by Colliers Securities from C$200.00 to C$220.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. Colliers Securities’ target price suggests a potential upside of 22.82% from the company’s current price.

Several other research analysts have also recently issued reports on the stock. Scotiabank raised their target price on shares of goeasy from C$183.00 to C$190.00 and gave the stock a “sector perform” rating in a report on Tuesday, April 30th. Royal Bank of Canada boosted their price objective on goeasy from C$195.00 to C$201.00 and gave the company an “outperform” rating in a report on Monday, April 29th. Desjardins lifted their price target on goeasy from C$185.00 to C$190.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. BMO Capital Markets upped their price objective on goeasy from C$187.00 to C$192.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Finally, National Bankshares lifted their target price on shares of goeasy from C$195.00 to C$210.00 and gave the company an “outperform” rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$208.80.

goeasy Stock Performance

Shares of GSY opened at C$179.13 on Wednesday. The stock has a 50-day moving average of C$168.74 and a two-hundred day moving average of C$154.75. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62. The stock has a market cap of C$2.98 billion, a P/E ratio of 12.37, a P/E/G ratio of 0.84 and a beta of 1.97. goeasy has a one year low of C$100.03 and a one year high of C$192.08.

goeasy (TSE:GSY) last released its earnings results on Tuesday, February 13th. The company reported C$4.01 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of C$338.11 million during the quarter, compared to the consensus estimate of C$340.35 million. As a group, research analysts predict that goeasy will post 16.6561044 EPS for the current year.

Insiders Place Their Bets

In related news, Director David Ingram sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. 22.18% of the stock is owned by company insiders.

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.