Raymond James Financial Increases goeasy (TSE:GSY) Price Target to C$45.00

goeasy (TSE:GSY) had its target price boosted by analysts at Raymond James Financial from C$42.00 to C$45.00 in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a “market perform” rating on the stock. Raymond James Financial’s target price points to a potential downside of 9.31% from the stock’s current price.

A number of other brokerages also recently weighed in on GSY. Desjardins dropped their target price on goeasy from C$47.00 to C$38.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Scotiabank cut shares of goeasy from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the stock from C$55.00 to C$39.00 in a report on Tuesday, April 28th. BMO Capital Markets lowered their price objective on shares of goeasy from C$45.00 to C$36.00 in a research report on Wednesday, May 13th. TD Securities lowered their price objective on shares of goeasy from C$44.00 to C$36.00 and set a “hold” rating on the stock in a research report on Thursday, April 2nd. Finally, Jefferies Financial Group dropped their price objective on shares of goeasy from C$50.00 to C$39.00 in a research note on Thursday, April 2nd. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of C$36.89.

goeasy Stock Down 0.3%

Shares of goeasy stock opened at C$49.62 on Tuesday. goeasy has a 12 month low of C$27.60 and a 12 month high of C$216.50. The stock has a market cap of C$795.61 million, a PE ratio of -4.60, a price-to-earnings-growth ratio of 0.84 and a beta of 1.41. The business has a fifty day simple moving average of C$41.28 and a 200-day simple moving average of C$66.63.

goeasy (TSE:GSY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C($1.90) earnings per share for the quarter. The business had revenue of C$412.86 million for the quarter. goeasy had a negative net margin of 15.76% and a negative return on equity of 26.45%. Analysts expect that goeasy will post 20.3207343 EPS for the current fiscal year.

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.