Brokerages Set goeasy Ltd. (TSE:GSY) Target Price at C$211.13

goeasy Ltd. (TSE:GSY - Get Free Report) has been given an average rating of "Moderate Buy" by the six analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$211.13.

GSY has been the subject of a number of recent research reports. Scotiabank cut their target price on goeasy from C$240.00 to C$215.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. National Bankshares lowered their price target on shares of goeasy from C$240.00 to C$235.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. BMO Capital Markets upgraded shares of goeasy from a "market perform" rating to an "outperform" rating and dropped their price objective for the company from C$207.00 to C$200.00 in a research note on Friday, March 14th. TD Securities reduced their price objective on shares of goeasy from C$199.00 to C$192.00 and set a "buy" rating for the company in a report on Friday, May 9th. Finally, Cormark cut their price target on shares of goeasy from C$240.00 to C$210.00 in a research note on Thursday, April 24th.

goeasy Stock Performance

Shares of GSY stock traded down C$0.07 during mid-day trading on Monday, reaching C$160.33. The stock had a trading volume of 21,569 shares, compared to its average volume of 68,111. goeasy has a one year low of C$134.01 and a one year high of C$206.02. The firm has a market cap of C$2.69 billion, a PE ratio of 9.75, a P/E/G ratio of 0.84 and a beta of 1.87. The firm's 50 day simple moving average is C$153.22 and its 200 day simple moving average is C$160.42. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63.

goeasy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, July 11th will be paid a $1.46 dividend. The ex-dividend date of this dividend is Friday, June 27th. This represents a $5.84 annualized dividend and a dividend yield of 3.64%. goeasy's dividend payout ratio is presently 28.45%.

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.