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

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 - Get Free Report) had its price objective increased by equities researchers at TD Securities from C$192.00 to C$205.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' price objective would indicate a potential upside of 8.16% from the company's previous close.

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

goeasy Trading Up 0.8%

Shares of TSE GSY traded up C$1.54 during midday trading on Tuesday, reaching C$189.54. 48,740 shares of the stock were exchanged, compared to its average volume of 63,283. The company has a 50 day simple moving average of C$162.96 and a 200 day simple moving average of C$161.37. The stock has a market capitalization of C$3.18 billion, a P/E ratio of 11.52, a PEG ratio of 0.84 and a beta of 1.87. 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 twelve month low of C$134.01 and a twelve month high of C$205.49.

Insider Transactions at goeasy

In other news, Senior Officer Daniel Llewellyn Rees purchased 1,000 shares of the business's stock in a transaction that occurred on Monday, June 23rd. The stock was purchased 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 corporate 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.

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