Desjardins reaffirmed their buy rating on shares of goeasy (TSE:GSY) in a research report sent to investors on Wednesday.

Other analysts have also issued research reports about the company. BMO Capital Markets upped their target price on goeasy from C$47.00 to C$60.00 in a report on Thursday, August 9th. Raymond James boosted their price target on goeasy from C$60.00 to C$67.50 and gave the stock an outperform rating in a research report on Monday, September 24th.

GSY traded down C$0.43 on Wednesday, hitting C$46.24. 64,800 shares of the company were exchanged, compared to its average volume of 31,161. goeasy has a 12 month low of C$29.04 and a 12 month high of C$54.80.

goeasy (TSE:GSY) last released its earnings results on Tuesday, August 7th. The company reported C$0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.78 by C$0.04. goeasy had a return on equity of 9.52% and a net margin of 4.94%. The business had revenue of C$123.34 million for the quarter, compared to analyst estimates of C$121.55 million.

In other goeasy news, Director David Ingram purchased 1,000 shares of the stock in a transaction on Friday, August 17th. The shares were purchased at an average price of C$51.92 per share, with a total value of C$51,920.00.

About goeasy

goeasy Ltd. provides goods and alternative financial services in Canada. It operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; and consumer loans and related financial services, such as loan protection plans, home and auto benefit plans, and credit monitoring services.

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