ATB Cormark Capital Markets Cuts goeasy (TSE:GSY) Price Target to C$185.00

goeasy (TSE:GSY) had its price target trimmed by ATB Cormark Capital Markets from C$200.00 to C$185.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities analysts have also issued reports on the stock. Royal Bank Of Canada lowered their target price on shares of goeasy from C$194.00 to C$156.00 in a report on Friday, November 7th. Jefferies Financial Group reduced their price objective on goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th. Scotiabank lowered their price objective on goeasy from C$225.00 to C$210.00 in a research note on Friday, January 30th. National Bank Financial cut their target price on goeasy from C$245.00 to C$210.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, BMO Capital Markets reduced their price target on goeasy from C$232.00 to C$226.00 in a report on Thursday, November 6th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, goeasy presently has an average rating of “Moderate Buy” and a consensus target price of C$186.56.

goeasy Stock Performance

Shares of GSY stock opened at C$121.58 on Friday. The company’s fifty day moving average price is C$129.30 and its 200-day moving average price is C$157.43. The stock has a market cap of C$1.95 billion, a PE ratio of 8.87, a price-to-earnings-growth ratio of 0.84 and a beta of 0.39. 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 has a 12 month low of C$117.52 and a 12 month high of C$216.50.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Friday, January 9th were issued a $1.46 dividend. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a $5.84 dividend on an annualized basis and a yield of 4.8%. goeasy’s dividend payout ratio is currently 40.48%.

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.