goeasy (TSE:GSY) Price Target Raised to C$56.00

goeasy (TSE:GSY) had its price target upped by Desjardins from C$38.00 to C$56.00 in a research report report published on Monday,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Several other equities research analysts have also commented on GSY. BMO Capital Markets dropped their price target on shares of goeasy from C$45.00 to C$36.00 in a research note on Wednesday, May 13th. Jefferies Financial Group lifted their price target on goeasy from C$45.00 to C$51.00 in a report on Monday. Royal Bank Of Canada boosted their price objective on goeasy from C$30.00 to C$35.00 in a research report on Monday. Raymond James Financial increased their price objective on goeasy from C$42.00 to C$45.00 and gave the stock a “market perform” rating in a report on Tuesday, July 21st. Finally, National Bank Financial raised their target price on goeasy from C$34.00 to C$43.00 and gave the company a “sector perform” rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of C$42.89.

goeasy Stock Performance

Shares of GSY opened at C$44.95 on Monday. The firm has a fifty day moving average of C$44.91 and a 200-day moving average of C$57.64. The company has a market cap of C$720.73 million, a price-to-earnings ratio of -2.15, a price-to-earnings-growth ratio of 0.84 and a beta of 1.39. goeasy has a 1 year low of C$27.60 and a 1 year high of C$216.50.

goeasy (TSE:GSY) last released its quarterly earnings data on Thursday, August 6th. The company reported C$1.02 earnings per share for the quarter. The business had revenue of C$390.04 million for the quarter. goeasy had a negative net margin of 20.21% and a negative return on equity of 37.13%. Analysts predict that goeasy will post 20.3207343 EPS for the current year.

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.