Brokerages Set goeasy Ltd. (TSE:GSY) PT at C$219.89

Shares of goeasy Ltd. (TSE:GSY) have been given an average recommendation of “Moderate Buy” by the eight analysts that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$221.56.

Several equities analysts have recently weighed in on the stock. Jefferies Financial Group decreased their price target on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a research note on Tuesday. BMO Capital Markets raised their target price on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. Desjardins lowered their target price on goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Finally, National Bankshares increased their price target on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th.

goeasy Stock Down 0.7 %

goeasy stock opened at C$168.64 on Tuesday. 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 business’s 50-day moving average price is C$170.60 and its 200 day moving average price is C$178.04. goeasy has a 52 week low of C$153.31 and a 52 week high of C$206.02. The firm has a market cap of C$2.83 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87.

goeasy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were issued a $1.17 dividend. This represents a $4.68 annualized dividend and a yield of 2.78%. The ex-dividend date was Friday, December 27th. goeasy’s dividend payout ratio is currently 28.45%.

Insider Buying and Selling

In other goeasy news, Senior Officer Jason Mullins sold 2,500 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total value of C$429,400.00. 22.05% of the stock is currently owned by company insiders.

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.