goeasy (TSE:GSY) Price Target Raised to C$228.00

goeasy (TSE:GSY) had its price objective raised by BMO Capital Markets from C$220.00 to C$228.00 in a research note released on Monday morning,BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

A number of other equities research analysts have also issued reports on the stock. TD Securities cut their price target on shares of goeasy from C$199.00 to C$192.00 and set a “buy” rating on the stock in a report on Friday, May 9th. Jefferies Financial Group cut their price target on shares of goeasy from C$222.00 to C$182.00 in a report on Monday, April 21st. Scotiabank raised their price target on shares of goeasy from C$205.00 to C$230.00 in a report on Wednesday, July 23rd. Cormark cut their target price on shares of goeasy from C$240.00 to C$210.00 in a research note on Thursday, April 24th. Finally, National Bankshares decreased their price target on shares of goeasy from C$240.00 to C$235.00 and set an “outperform” rating for the company in a research note on Thursday, May 8th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$220.63.

goeasy Price Performance

Shares of goeasy stock opened at C$185.23 on Monday. The firm has a market cap of C$3.11 billion, a PE ratio of 11.26, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. goeasy has a 12-month low of C$134.01 and a 12-month high of C$205.49. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. The company’s fifty day simple moving average is C$163.79 and its two-hundred day simple moving average is C$161.56.

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Friday, July 11th were paid a dividend of $1.46 per share. This represents a $5.84 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend was Friday, June 27th. goeasy’s payout ratio is currently 28.45%.

Insider Transactions at goeasy

In other news, Senior Officer Daniel Llewellyn Rees bought 1,000 shares of the firm’s stock in a transaction on Monday, June 23rd. The stock was acquired at an average cost of C$160.00 per share, with a total value of C$160,000.00. Company insiders own 22.05% of the company’s stock.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.