goeasy (TSE:GSY) Price Target Lowered to C$156.00 at Royal Bank Of Canada

goeasy (TSE:GSY) had its price objective decreased by Royal Bank Of Canada from C$194.00 to C$156.00 in a report released on Friday,BayStreet.CA reports.

Several other equities analysts also recently commented on GSY. Scotiabank raised shares of goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price objective for the company in a research note on Thursday, October 16th. TD Securities upped their price target on shares of 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 reduced their price objective on goeasy from C$232.00 to C$226.00 in a research report on Thursday. Jefferies Financial Group dropped their target price on goeasy from C$230.00 to C$225.00 in a research report on Tuesday. Finally, Raymond James Financial cut their price target on goeasy from C$226.00 to C$208.00 in a research note on Thursday. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, goeasy presently has a consensus rating of “Moderate Buy” and a consensus price target of C$206.88.

goeasy Price Performance

TSE GSY traded down C$4.80 during trading on Friday, hitting C$129.46. 330,928 shares of the company’s stock were exchanged, compared to its average volume of 75,209. The company has a market cap of C$2.08 billion, a PE ratio of 9.44, a P/E/G ratio of 0.84 and a beta of 0.92. 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 fifty-two week low of C$127.60 and a fifty-two week high of C$216.50. The stock’s 50 day moving average price is C$178.04 and its two-hundred day moving average price is C$173.21.

goeasy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, October 10th were given a $1.46 dividend. This represents a $5.84 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, September 26th. goeasy’s payout ratio is 40.48%.

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.