goeasy Ltd (GSY) Price Target Raised to C$39.00
goeasy Ltd (TSE:GSY) had its price objective raised by equities researchers at Raymond James Financial, Inc. from C$34.00 to C$39.00 in a research note issued on Friday. The firm presently has an “outperform” rating on the stock. Raymond James Financial, Inc.’s price objective indicates a potential upside of 17.29% from the stock’s current price.
A number of other research analysts also recently issued reports on the stock. Desjardins boosted their target price on shares of goeasy from C$37.00 to C$39.00 in a research report on Thursday. BMO Capital Markets boosted their target price on shares of goeasy from C$38.00 to C$39.00 in a research report on Friday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of C$39.40.
Shares of goeasy (TSE:GSY) traded up C$1.95 during midday trading on Friday, hitting C$33.25. 43,500 shares of the stock were exchanged.
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In other goeasy news, Director David Ingram purchased 1,500 shares of the firm’s stock in a transaction on Monday, August 28th. The stock was acquired at an average price of C$26.36 per share, for a total transaction of C$39,540.00. Also, insider Shane Pennell purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were acquired at an average price of C$26.26 per share, with a total value of C$52,520.00. Insiders have acquired a total of 4,000 shares of company stock valued at $105,060 in the last 90 days.
goeasy Ltd. is a Canada-based full-service provider of goods and alternative financial services. The Company is engaged in providing loans and other financial services to consumers, and leasing household products to consumers. It operates in two segments: easyfinancial and easyhome. Its easyhome segment consists of four product categories: furniture, electronics, computers and appliances, which are offered under weekly or monthly leasing agreements.
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