BMO Capital Markets Upgrades goeasy (TSE:GSY) to “Outperform”

goeasy (TSE:GSY) was upgraded by BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has a C$200.00 price objective on the stock, down from their prior price objective of C$207.00. BMO Capital Markets’ price objective would indicate a potential upside of 34.82% from the stock’s previous close.

GSY has been the subject of several other reports. Jefferies Financial Group dropped their price target on goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a research report on Tuesday, February 11th. Raymond James upped their price target on goeasy from C$230.00 to C$245.00 in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$223.00.

goeasy Stock Up 5.2 %

Shares of GSY stock traded up C$7.39 during trading hours on Friday, reaching C$148.35. 96,149 shares of the company’s stock were exchanged, compared to its average volume of 78,878. goeasy has a 1 year low of C$140.73 and a 1 year high of C$206.02. The stock has a market cap of C$2.49 billion, a PE ratio of 9.02, a PEG ratio of 0.84 and a beta of 1.87. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. The stock’s fifty day moving average price is C$170.25 and its two-hundred day moving average price is C$173.90.

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.