BMO Capital Markets Has Lowered Expectations for goeasy (TSE:GSY) Stock Price

goeasy (TSE:GSY) had its price objective reduced by equities researchers at BMO Capital Markets from C$232.00 to C$226.00 in a note issued to investors on Thursday,BayStreet.CA reports. BMO Capital Markets’ price target points to a potential upside of 67.77% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the stock. Jefferies Financial Group dropped their price target on shares of goeasy from C$230.00 to C$225.00 in a research report on Tuesday. Royal Bank Of Canada set a C$194.00 price objective on shares of goeasy and gave the company a “hold” rating in a research report on Wednesday, October 1st. TD Securities boosted their target price on shares of goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Scotiabank raised shares of goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price target on the stock in a research report on Thursday, October 16th. Finally, National Bankshares dropped their price objective on shares of goeasy from C$265.00 to C$245.00 in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$217.88.

goeasy Stock Performance

goeasy stock traded down C$27.05 during midday trading on Thursday, reaching C$134.71. 590,721 shares of the company’s stock were exchanged, compared to its average volume of 73,137. goeasy has a 52 week low of C$130.68 and a 52 week high of C$216.50. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The firm has a market cap of C$2.17 billion, a price-to-earnings ratio of 8.11, a P/E/G ratio of 0.84 and a beta of 0.92. The stock’s 50-day simple moving average is C$181.32 and its 200 day simple moving average is C$173.62.

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.