goeasy (TSE:GSY) Raised to Outperform at BMO Capital Markets

goeasy (TSE:GSY) was upgraded by BMO Capital Markets from a “market perform” rating to an “outperform” rating in a note issued to investors on Friday, MarketBeat reports. The firm presently has a C$200.00 price target on the stock, down from their prior price target of C$207.00. BMO Capital Markets’ price objective suggests a potential upside of 34.35% from the stock’s current price.

Several other analysts have also recently commented on the stock. Jefferies Financial Group decreased their price objective on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Raymond James boosted their price target on shares of goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$223.00.

goeasy Stock Performance

GSY opened at C$148.86 on Friday. The company has a fifty day moving average of C$169.86 and a 200 day moving average of C$173.55. The stock has a market capitalization of C$2.50 billion, a price-to-earnings ratio of 9.05, a PEG ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. goeasy has a fifty-two week low of C$140.73 and a fifty-two week high of C$206.02.

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.