goeasy (TSE:GSY) Price Target Lowered to C$170.00 at BMO Capital Markets

goeasy (TSE:GSY) had its price target trimmed by BMO Capital Markets from C$225.00 to C$170.00 in a research report report published on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts also recently commented on GSY. National Bank Financial lowered their price objective on shares of goeasy from C$245.00 to C$210.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Raymond James Financial lowered goeasy from a “moderate buy” rating to a “hold” rating and dropped their target price for the company from C$208.00 to C$153.00 in a research report on Wednesday, December 3rd. Scotiabank reduced their price target on shares of goeasy from C$225.00 to C$210.00 in a research report on Friday, January 30th. TD Securities downgraded shares of goeasy from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$160.00 to C$135.00 in a report on Monday, January 19th. Finally, Jefferies Financial Group cut their price objective on shares of goeasy from C$225.00 to C$194.00 in a research note on Monday, November 10th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$180.33.

goeasy Price Performance

Shares of GSY stock opened at C$110.24 on Wednesday. goeasy has a fifty-two week low of C$103.20 and a fifty-two week high of C$216.50. The company has a debt-to-equity ratio of 383.82, a quick ratio of 28.46 and a current ratio of 42.83. The firm has a market capitalization of C$1.77 billion, a price-to-earnings ratio of 8.04, a PEG ratio of 0.84 and a beta of 0.39. The stock’s 50-day simple moving average is C$125.77 and its 200-day simple moving average is C$150.11.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Friday, January 9th were issued a dividend of $1.46 per share. This represents a $5.84 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Wednesday, December 24th. goeasy’s payout ratio is 40.48%.

About goeasy

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.