goeasy (TSE:GSY) Price Target Raised to C$245.00

goeasy (TSE:GSY) had its price objective lifted by research analysts at Raymond James from C$230.00 to C$245.00 in a research note issued on Tuesday,BayStreet.CA reports. Raymond James’ target price indicates a potential upside of 40.00% from the company’s previous close.

Several other research analysts have also recently commented on the stock. BMO Capital Markets raised their target price on shares of goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Desjardins decreased their price target on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. National Bankshares raised their price target on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Jefferies Financial Group decreased their price target on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, goeasy has a consensus rating of “Moderate Buy” and an average price target of C$223.78.

goeasy Stock Performance

Shares of goeasy stock traded down C$2.61 during trading hours on Tuesday, reaching C$175.00. The company’s stock had a trading volume of 48,643 shares, compared to its average volume of 77,555. 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 one year low of C$153.31 and a one year high of C$206.02. The company’s 50 day simple moving average is C$170.99 and its 200 day simple moving average is C$177.56. The stock has a market cap of C$2.93 billion, a P/E ratio of 10.64, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87.

Insider Activity

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

goeasy Company Profile

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.