goeasy (TSE:GSY) Given New C$160.00 Price Target at TD Securities

goeasy (TSE:GSY) had its price target trimmed by TD Securities from C$210.00 to C$160.00 in a research note published on Friday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also weighed in on GSY. Jefferies Financial Group cut their price objective on goeasy from C$230.00 to C$225.00 in a research report on Tuesday. Raymond James Financial cut their price target on shares of goeasy from C$226.00 to C$208.00 in a report on Thursday. Royal Bank Of Canada reduced their price objective on shares of goeasy from C$194.00 to C$156.00 in a research report on Friday. BMO Capital Markets dropped their target price on shares of goeasy from C$232.00 to C$226.00 in a research report on Thursday. Finally, National Bankshares cut their target price on shares of goeasy from C$265.00 to C$245.00 in a research note on Thursday. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$206.88.

goeasy Trading Down 3.6%

Shares of TSE:GSY traded down C$4.80 on Friday, reaching C$129.46. 330,928 shares of the company traded hands, compared to its average volume of 75,209. The stock has a market capitalization of C$2.08 billion, a P/E ratio of 9.44, a price-to-earnings-growth 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. The business’s 50-day simple moving average is C$178.04 and its 200 day simple moving average is C$173.21. goeasy has a 52 week low of C$127.60 and a 52 week high of C$216.50.

goeasy Announces Dividend

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

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.