goeasy (TSE:GSY) Price Target Lowered to C$225.00 at Jefferies Financial Group

goeasy (TSE:GSY) had its price objective lowered by Jefferies Financial Group from C$230.00 to C$225.00 in a research report report published on Tuesday morning,BayStreet.CA reports.

GSY has been the subject of a number of other reports. National Bankshares set a C$265.00 target price on goeasy and gave the stock an “outperform” rating in a research note on Tuesday, September 23rd. TD Securities raised their price objective on goeasy from C$205.00 to C$210.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. BMO Capital Markets raised their price objective on goeasy from C$228.00 to C$232.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Scotiabank raised goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price objective for the company in a research note on Thursday, October 16th. Finally, Raymond James Financial raised their price objective on goeasy from C$215.00 to C$226.00 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$223.38.

goeasy Stock Performance

Shares of GSY stock opened at C$166.41 on Tuesday. The company has a market cap of C$2.68 billion, a price-to-earnings ratio of 10.02, a price-to-earnings-growth ratio of 0.84 and a beta of 0.92. The stock has a 50 day simple moving average of C$182.34 and a 200-day simple moving average of C$173.70. goeasy has a 12-month low of C$134.01 and a 12-month high of C$216.50. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63.

goeasy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, October 10th were given a dividend of $1.46 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a $5.84 annualized dividend and a yield of 3.5%. goeasy’s dividend payout ratio (DPR) is presently 31.67%.

About goeasy

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers.