goeasy (TSE:GSY) Given a C$265.00 Price Target at National Bankshares

Key Points

• National Bankshares has set a price target of C$265.00 for goeasy, suggesting a potential upside of 50.91% from the current stock price, which is rated as "outperform."
• Other brokerages, including Raymond James, Scotiabank, and BMO Capital Markets, have also increased their price targets for goeasy, reflecting a generally positive outlook.
• After a decrease in stock price, goeasy is trading at C$175.60, with a market cap of C$2.82 billion and a current debt-to-equity ratio of 287.63.

goeasy (TSE:GSY - Get Free Report) received a C$265.00 price target from analysts at National Bankshares in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price objective suggests a potential upside of 50.91% from the stock's current price.

Several other brokerages also recently weighed in on GSY. Raymond James Financial raised their price target on goeasy from C$215.00 to C$226.00 and gave the company an "outperform" rating in a report on Thursday, August 7th. Scotiabank upped their price objective on goeasy from C$230.00 to C$235.00 and gave the stock a "sector perform" rating in a research note on Friday, August 8th. BMO Capital Markets lifted their price target on shares of goeasy from C$228.00 to C$232.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Finally, TD Securities raised their price target on goeasy from C$205.00 to C$210.00 and gave the company a "buy" rating in a report on Thursday, August 7th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, goeasy currently has a consensus rating of "Moderate Buy" and a consensus price target of C$220.00.

goeasy Trading Down 4.7%

Shares of goeasy stock traded down C$8.73 during midday trading on Tuesday, reaching C$175.60. 181,067 shares of the company's stock traded hands, compared to its average volume of 68,184. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The company has a market cap of C$2.82 billion, a PE ratio of 10.57, a price-to-earnings-growth ratio of 0.84 and a beta of 1.16. The stock has a 50 day moving average of C$198.55 and a 200-day moving average of C$170.13. goeasy has a 12 month low of C$134.01 and a 12 month high of C$216.50.

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.

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