Brokerages Set goeasy Ltd. (TSE:GSY) Target Price at C$217.11

goeasy Ltd. (TSE:GSY) has been given an average recommendation of “Moderate Buy” by the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$217.11.

A number of equities analysts recently weighed in on the company. TD Securities upped their price target on goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. BMO Capital Markets upped their price target on goeasy from C$228.00 to C$232.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Scotiabank raised goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price target for the company in a report on Thursday, October 16th. National Bankshares set a C$265.00 price target on goeasy and gave the stock an “outperform” rating in a report on Tuesday, September 23rd. Finally, Raymond James Financial upped their price target on goeasy from C$215.00 to C$226.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th.

goeasy Stock Performance

TSE GSY opened at C$160.96 on Friday. The stock has a market capitalization of C$2.59 billion, a price-to-earnings ratio of 9.69, a PEG ratio of 0.84 and a beta of 0.90. goeasy has a twelve month low of C$134.01 and a twelve month high of C$216.50. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. The stock has a 50-day moving average of C$190.33 and a 200 day moving average of C$172.26.

goeasy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, October 10th were paid a dividend of $1.46 per share. This represents a $5.84 annualized dividend and a yield of 3.6%. The ex-dividend date was Friday, September 26th. goeasy’s payout ratio is 31.67%.

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.