goeasy (TSE:GSY) Price Target Raised to C$205.00 at TD Securities

Key Points

• TD Securities has increased its price target for goeasy from C$192.00 to C$205.00, indicating a potential upside of 8.16% from the previous close.
• Other analysts such as BMO Capital Markets and Scotiabank have also raised their price targets for goeasy, with the consensus price target now at C$220.63.
• goeasy shares are currently trading at C$189.54, up 0.8%, and have shown strong performance characteristics with a market capitalization of C$3.18 billion.

goeasy (TSE:GSY - Free Report) had its target price boosted by TD Securities from C$192.00 to C$205.00 in a research report released on Tuesday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Cormark dropped their price target on shares of goeasy from C$240.00 to C$210.00 in a research report on Thursday, April 24th. BMO Capital Markets lifted their price target on shares of goeasy from C$220.00 to C$228.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Scotiabank lifted their price target on shares of goeasy from C$205.00 to C$230.00 in a research report on Wednesday, July 23rd. National Bankshares dropped their price target on shares of goeasy from C$240.00 to C$235.00 and set an "outperform" rating for the company in a research report on Thursday, May 8th. Finally, Jefferies Financial Group dropped their price target on shares of goeasy from C$222.00 to C$182.00 in a research report on Monday, April 21st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$220.63.

goeasy Trading Down 0.9%

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

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Friday, July 11th were paid a $1.46 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.84 annualized dividend and a dividend yield of 3.2%. goeasy's dividend payout ratio (DPR) is presently 28.45%.

Insider Activity at goeasy

In other goeasy news, Senior Officer Daniel Llewellyn Rees acquired 1,000 shares of the stock in a transaction dated Monday, June 23rd. The stock was acquired at an average price of C$160.00 per share, with a total value of C$160,000.00. Insiders own 22.05% of the company's stock.

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.