goeasy (TSE:GSY) Price Target Lowered to C$33.00 at Royal Bank Of Canada

goeasy (TSE:GSY) had its target price cut by Royal Bank Of Canada from C$52.00 to C$33.00 in a report released on Thursday morning,BayStreet.CA reports.

Several other research analysts have also weighed in on the company. TD Securities lowered goeasy from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$160.00 to C$135.00 in a report on Monday, January 19th. BMO Capital Markets lowered goeasy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. National Bank Financial cut goeasy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Jefferies Financial Group lowered goeasy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Finally, Raymond James Financial downgraded shares of goeasy from a “moderate buy” rating to a “hold” rating and dropped their target price for the stock from C$208.00 to C$153.00 in a report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$72.00.

goeasy Trading Down 6.7%

GSY opened at C$34.87 on Thursday. The firm’s fifty day moving average is C$90.50 and its two-hundred day moving average is C$126.99. The company has a debt-to-equity ratio of 383.82, a quick ratio of 28.46 and a current ratio of 42.83. The firm has a market cap of C$558.83 million, a PE ratio of 2.54, a price-to-earnings-growth ratio of 0.84 and a beta of 0.16. goeasy has a twelve month low of C$33.13 and a twelve month high of C$216.50.

goeasy (TSE:GSY) last announced its quarterly earnings results on Wednesday, April 1st. The company reported C($20.25) earnings per share (EPS) for the quarter. goeasy had a net margin of 14.07% and a return on equity of 19.42%. The firm had revenue of C$446.40 million during the quarter. Equities research analysts anticipate that goeasy will post 20.3207343 EPS for the current year.

Key goeasy News

Here are the key news stories impacting goeasy this week:

• Positive Sentiment: Several firms still see upside after trimming targets — Desjardins cut its target to C$47 but kept a “buy” rating (≈34% upside). Article Title
• Positive Sentiment: Scotiabank trimmed its target to C$55 but still implies material upside (≈57%). Article Title
• Positive Sentiment: Raymond James lowered its target to C$50 from C$77 yet still models significant upside (≈43%). Article Title
• Neutral Sentiment: TD Securities cut its target to C$36 and moved to “hold” (minimal upside vs. current price). Article Title
• Neutral Sentiment: National Bank Financial lowered its target to C$38 (small mid‑single digit upside). Article Title Tickerreport
• Neutral Sentiment: Jefferies trimmed its target to C$39 (modest upside). Article Title
• Negative Sentiment: ATB Cormark downgraded goeasy from “speculative buy” to “sector perform” and cut its target to C$42 (rating downgrade increases negative pressure). Article Title
• Negative Sentiment: RBC lowered its target to C$33 — below the current price — signaling downside risk. Article Title
• Negative Sentiment: Reporting highlighted that Canadian banks have ~C$880M exposure to goeasy, raising counterparty/credit concerns and broader market caution. Reuters
• Negative Sentiment: goeasy reported a large Q4 loss driven by LendCare-related charges (reported ~$336.9M loss), a primary catalyst for reduced analyst targets and investor concern. MSN
• Negative Sentiment: Company Q4 release showed C($20.25) EPS on C$446.4M revenue — an earnings shock that directly pressured the share price. Press Release

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