goeasy (TSE:GSY) Price Target Lowered to C$61.00 at Scotiabank

goeasy (TSE:GSY) had its price objective decreased by Scotiabank from C$68.00 to C$61.00 in a report published on Wednesday morning,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

Several other analysts also recently weighed in on the stock. ATB Cormark Capital Markets dropped their target price on shares of goeasy from C$200.00 to C$185.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. TD Securities downgraded shares of goeasy from a “buy” rating to a “hold” rating and lowered their price objective for the stock from C$160.00 to C$135.00 in a research note on Monday, January 19th. Royal Bank Of Canada lowered shares of goeasy from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 11th. National Bank Financial downgraded goeasy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Finally, Jefferies Financial Group lowered goeasy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$163.78.

goeasy Stock Performance

GSY opened at C$39.76 on Wednesday. The company has a market cap of C$637.19 million, a P/E ratio of 2.90, a price-to-earnings-growth ratio of 0.84 and a beta of 0.16. The company has a quick ratio of 28.46, a current ratio of 42.83 and a debt-to-equity ratio of 383.82. The firm’s 50-day moving average price is C$101.74 and its 200-day moving average price is C$133.66. goeasy has a 52-week low of C$33.13 and a 52-week high of C$216.50.

goeasy Company Profile

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. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.