goeasy (TSE:GSY) Price Target Raised to C$218.00

goeasy (TSE:GSY) had its target price raised by BMO Capital Markets from C$215.00 to C$218.00 in a research note issued to investors on Monday, BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada increased their target price on goeasy from C$201.00 to C$225.00 and gave the company an outperform rating in a research note on Wednesday, May 8th. Raymond James increased their price objective on shares of goeasy from C$200.00 to C$225.00 and gave the company an outperform rating in a research note on Wednesday, May 8th. Scotiabank upped their target price on shares of goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. CIBC lifted their price target on goeasy from C$220.00 to C$230.00 and gave the stock an outperform rating in a research note on Wednesday, May 8th. Finally, Colliers Securities boosted their price target on goeasy from C$200.00 to C$220.00 in a report on Wednesday, May 8th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, goeasy presently has a consensus rating of Moderate Buy and an average target price of C$220.00.

goeasy Stock Performance

TSE GSY opened at C$184.79 on Monday. goeasy has a 1-year low of C$101.34 and a 1-year high of C$206.02. The business’s 50-day simple moving average is C$190.61 and its 200-day simple moving average is C$176.57. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The firm has a market capitalization of C$3.10 billion, a P/E ratio of 12.02, a P/E/G ratio of 0.84 and a beta of 1.90.

goeasy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Investors of record on Friday, September 27th will be paid a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Friday, September 27th. goeasy’s dividend payout ratio is currently 30.45%.

goeasy Company Profile

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.