goeasy (TSE:GSY) Price Target Raised to C$255.00 at National Bankshares

Key Points

• National Bankshares has raised its price target for goeasy (TSE:GSY) stock from C$235.00 to C$255.00, indicating a potential upside of 34.54% from its previous close.
• The company currently holds an average rating of "Moderate Buy" with an average price target of C$220.63, as five analysts issued buy ratings while one maintained a hold rating.
• goeasy's stock traded up to C$189.54, with a market cap of C$3.18 billion and a PE ratio of 11.52, reflecting strong market interest despite recent fluctuations in target prices among various analysts.

goeasy (TSE:GSY - Get Free Report) had its target price increased by analysts at National Bankshares from C$235.00 to C$255.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price target would indicate a potential upside of 40.64% from the company's previous close.

Several other analysts also recently weighed in on GSY. TD Securities boosted their price objective on shares of goeasy from C$192.00 to C$205.00 and gave the stock a "buy" rating in a research report on Tuesday. Scotiabank boosted their price objective on shares of goeasy from C$205.00 to C$230.00 in a research report on Wednesday, July 23rd. Jefferies Financial Group reduced their price objective on shares of goeasy from C$222.00 to C$182.00 in a research report on Monday, April 21st. BMO Capital Markets boosted their price objective on shares of goeasy from C$220.00 to C$228.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. Finally, Cormark reduced their price objective on shares of goeasy from C$240.00 to C$210.00 in a research report on Thursday, April 24th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, goeasy currently has an average rating of "Moderate Buy" and an average target price of C$220.63.

goeasy Stock Down 0.9%

Shares of TSE:GSY traded down C$1.69 during trading on Tuesday, hitting C$181.31. 67,498 shares of the company were exchanged, compared to its average volume of 63,468. The stock has a market capitalization of C$3.04 billion, a P/E ratio of 11.02, a PEG ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. goeasy has a 12-month low of C$134.01 and a 12-month high of C$197.59. The firm's 50 day moving average price is C$165.96 and its 200-day moving average price is C$161.88.

Insider Activity at goeasy

In other goeasy news, Senior Officer Daniel Llewellyn Rees bought 1,000 shares of the business's stock in a transaction dated Monday, June 23rd. The shares were acquired at an average cost of C$160.00 per share, with a total value of C$160,000.00. 22.05% of the stock is owned by 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.