goeasy (TSE:GSY) Price Target Raised to C$232.00

goeasy (TSE:GSY) had its price objective boosted by BMO Capital Markets from C$228.00 to C$232.00 in a research note issued to investors on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other analysts also recently issued research reports about the company. Scotiabank lifted their target price on goeasy from C$205.00 to C$230.00 in a research report on Wednesday, July 23rd. National Bankshares lifted their target price on goeasy from C$255.00 to C$265.00 and gave the company an “outperform” rating in a research report on Thursday. Jefferies Financial Group lowered their target price on goeasy from C$222.00 to C$182.00 in a research report on Monday, April 21st. Cormark lowered their price target on goeasy from C$240.00 to C$210.00 in a research report on Thursday, April 24th. Finally, TD Securities boosted their price target on goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$221.25.

goeasy Price Performance

TSE:GSY opened at C$200.63 on Friday. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The stock’s 50-day simple moving average is C$170.05 and its 200 day simple moving average is C$162.06. The company has a market cap of C$3.36 billion, a P/E ratio of 12.20, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a 52-week low of C$134.01 and a 52-week high of C$206.94.

goeasy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were given a dividend of $1.46 per share. This represents a $5.84 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 27th. goeasy’s payout ratio is 28.45%.

Insiders Place Their Bets

In other goeasy news, Senior Officer Daniel Llewellyn Rees purchased 1,000 shares of the stock in a transaction on Monday, June 23rd. The shares were purchased at an average price of C$160.00 per share, with a total value of C$160,000.00. 22.05% of the stock is currently 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.