BMO Capital Markets Cuts goeasy (TSE:GSY) Price Target to C$36.00

goeasy (TSE:GSY – Get Free Report) had its target price decreased by research analysts at BMO Capital Markets from C$45.00 to C$36.00 in a report issued on Wednesday,BayStreet.CA reports. BMO Capital Markets’ price target suggests a potential upside of 21.21% from the company’s current price.

A number of other research firms have also recently issued reports on GSY. ATB Cormark Capital Markets cut goeasy from a “moderate buy” rating to a “hold” rating and cut their target price for the company from C$85.00 to C$42.00 in a research note on Thursday, April 2nd. National Bank Financial dropped their price target on shares of goeasy from C$50.00 to C$38.00 in a research report on Thursday, April 2nd. TD Securities dropped their price target on shares of goeasy from C$44.00 to C$36.00 and set a “hold” rating on the stock in a research report on Thursday, April 2nd. Desjardins dropped their price target on goeasy from C$64.00 to C$47.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Jefferies Financial Group dropped their price target on goeasy from C$50.00 to C$39.00 in a research note on Thursday, April 2nd. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$39.61.

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goeasy Stock Performance

goeasy stock traded down C$1.29 during mid-day trading on Wednesday, reaching C$29.70. The company’s stock had a trading volume of 306,571 shares, compared to its average volume of 315,375. The firm has a market cap of C$476.21 million, a price-to-earnings ratio of -2.76, a PEG ratio of 0.84 and a beta of 1.05. The business has a 50 day moving average price of C$43.76 and a 200-day moving average price of C$100.54. The company has a current ratio of 23.15, a quick ratio of 28.46 and a debt-to-equity ratio of 543.86. goeasy has a twelve month low of C$28.84 and a twelve month high of C$216.50.

goeasy (TSE:GSY – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported C($1.90) EPS for the quarter. The business had revenue of C$412.86 million during the quarter. goeasy had a negative return on equity of 16.05% and a negative net margin of 10.51%. Sell-side analysts predict that goeasy will post 20.3207343 EPS for the current fiscal year.

About goeasy

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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.

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