goeasy (TSE:GSY) Price Target Raised to C$35.00 at Royal Bank Of Canada

goeasy (TSE:GSY) had its price objective increased by analysts at Royal Bank Of Canada from C$30.00 to C$35.00 in a research note issued on Monday,BayStreet.CA reports. Royal Bank Of Canada’s price objective would suggest a potential downside of 24.70% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. BMO Capital Markets decreased their price target on goeasy from C$45.00 to C$36.00 in a research note on Wednesday, May 13th. Jefferies Financial Group raised their target price on shares of goeasy from C$45.00 to C$51.00 in a report on Monday. Raymond James Financial lifted their target price on shares of goeasy from C$42.00 to C$45.00 and gave the stock a “market perform” rating in a research note on Tuesday, July 21st. Desjardins lowered their price target on shares of goeasy from C$47.00 to C$38.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, National Bank Financial raised their price target on shares of goeasy from C$34.00 to C$43.00 and gave the stock a “sector perform” rating in a report on Monday, July 27th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of C$42.89.

goeasy Price Performance

TSE GSY traded down C$3.42 during trading on Monday, reaching C$46.48. The company’s stock had a trading volume of 184,241 shares, compared to its average volume of 252,770. The stock has a market capitalization of C$745.26 million, a PE ratio of -2.85, a P/E/G ratio of 0.84 and a beta of 1.39. The company has a debt-to-equity ratio of 599.13, a current ratio of 28.22 and a quick ratio of 28.46. The firm has a fifty day moving average of C$44.56 and a 200 day moving average of C$59.40. goeasy has a one year low of C$27.60 and a one year high of C$216.50.

goeasy (TSE:GSY) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$1.02 earnings per share (EPS) for the quarter. goeasy had a negative net margin of 15.76% and a negative return on equity of 26.45%. The company had revenue of C$390.04 million during the quarter. Analysts expect that goeasy will post 20.3207343 EPS for the current fiscal year.

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. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.