goeasy (TSE:GSY – Free Report) had its price objective lowered by Jefferies Financial Group from C$50.00 to C$39.00 in a research report released on Thursday morning,BayStreet.CA reports.
GSY has been the topic of several other research reports. BMO Capital Markets downgraded goeasy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. National Bank Financial dropped their price target on goeasy from C$50.00 to C$38.00 in a research report on Thursday. Royal Bank Of Canada decreased their price objective on goeasy from C$52.00 to C$33.00 in a report on Thursday. TD Securities cut shares of goeasy from a “buy” rating to a “hold” rating and lowered their target price for the stock from C$160.00 to C$135.00 in a research note on Monday, January 19th. Finally, Raymond James Financial dropped their target price on shares of goeasy from C$77.00 to C$50.00 in a report on Thursday. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$72.00.
Read Our Latest Stock Report on GSY
goeasy Price Performance
goeasy (TSE:GSY – Get Free Report) last posted its quarterly earnings data on Wednesday, April 1st. The company reported C($20.25) earnings per share (EPS) for the quarter. goeasy had a negative return on equity of 16.05% and a negative net margin of 10.51%.The firm had revenue of C$446.40 million during the quarter. Equities analysts predict that goeasy will post 20.3207343 EPS for the current fiscal year.
More goeasy News
Here are the key news stories impacting goeasy this week:
- Positive Sentiment: Desjardins cut its price target to C$47 but kept a “buy” rating — the new target implies ~34.8% upside from the current price; this is a relatively constructive analyst view. Article Title
- Positive Sentiment: Scotiabank lowered its target to C$55 (still a sizable upside), signaling analysts still see medium‑term recovery potential despite trimming forecasts. Article Title
- Positive Sentiment: Raymond James reduced its target to C$50 but maintains a level implying significant upside vs. current price, supporting the view some firms still expect stabilization. Article Title
- Neutral Sentiment: TD Securities trimmed its target to C$36 and moved to a “hold” — a modestly lower view that suggests limited near‑term upside. Article Title
- Neutral Sentiment: National Bank cut its target to C$38 (small implied upside) and Jefferies cut to C$39 — both reduce expectations but leave room for recovery if fundamentals improve. Article Title Tickerreport
- Negative Sentiment: ATB Cormark downgraded goeasy from “moderate buy” to “hold” and cut its target to C$42, signaling a material pullback in conviction. Article Title
- Negative Sentiment: RBC cut its target to C$33 — below the current share price — which is explicitly bearish and likely adds selling pressure. Article Title
- Negative Sentiment: Coverage of the sector: Reuters reports Canadian banks hold about C$880 million of exposure to goeasy, raising concerns about potential credit losses/counterparty risk that directly weigh on the stock. Article Title
- Negative Sentiment: Market writeups flagged the share move (trading down) and cited the Reuters exposure story plus the analyst revisions as drivers of the sell‑off. Article Title
goeasy Company Profile
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.
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