goeasy (TSE:GSY) Price target cut to C$215.00 by TD Securities analysts

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goeasy (TSE:GSY – Get a rating) had its price target reduced by TD Securities research analysts from C$220.00 to C$215.00 in a research report delivered to clients and investors on Friday, BayStreet.CA reports. The company currently has a “buy” rating on the stock. TD Securities’ price target suggests upside potential of 93.40% from the current stock price.

GSY has been the subject of a number of other research reports. CIBC lowered its target price on goeasy from C$200.00 to C$180.00 and set an “outperform” rating for the stock in a research report on Thursday. National Bankshares cut its price target on goeasy shares from C$220.00 to C$155.00 and set an “outperform” rating for the stock in a research report on Thursday. Scotiabank lowered its target price on goeasy shares from C$170.00 to C$160.00 in a research report on Friday. Raymond James raised his price target on goeasy shares from C$207.00 to C$213.00 and gave the stock a “strong buy” rating in a research report on Thursday. Finally, BMO Capital Markets lowered its target price on goeasy from CA$228.00 to CA$225.00 in a research report on Friday. One research analyst gave the stock a hold rating, five issued a buy rating and one issued a strong buy rating for the company’s stock. Based on data from MarketBeat.com, goeasy has a consensus buy rating and a consensus price target of CA$196.25.

Shares of TSE:GSY traded at CA$4.91 midday Friday, hitting CA$111.17. 44,801 shares of the company were traded, against an average volume of 83,674. The company has a market capitalization of C$1.80 billion and a PE ratio of 7.66. goeasy has a fifty-two week minimum of C$97.63 and a fifty-two week maximum of C$218.35. The stock has a fifty-day simple moving average of C$126.10 and a two-hundred-day simple moving average of C$154.95. The company has a quick ratio of 15.28, a current ratio of 15.34 and a debt ratio of 209.19.

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goeasy (TSE:GSY – Get a rating) last reported results on Wednesday, February 16. The company reported earnings per share (EPS) of C$2.76 for the quarter, beating analyst consensus estimates of C$2.62 by C$0.14. The company posted revenue of C$234.43 million for the quarter, compared to a consensus estimate of C$230.07 million. As a group, analysts expect goeasy to post earnings per share of 14.49 for the current year.

About goeasy (Get a rating)

goeasy ltd. provides consumer leasing and loan services in Canada. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, real estate and car loans; point-of-sale and small business financing; and value-added services.

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Analyst recommendations for goeasy (TSE: GSY)

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