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

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

A number of other research analysts also recently commented on the company. Raymond James increased their target price on goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. Jefferies Financial Group reduced their target price on goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$223.00.

goeasy Stock Up 5.2 %

Shares of TSE GSY traded up C$7.39 on Friday, hitting C$148.35. The company had a trading volume of 96,149 shares, compared to its average volume of 78,878. goeasy has a 12-month low of C$140.73 and a 12-month high of C$206.02. The business has a 50 day moving average of C$170.25 and a two-hundred day moving average of C$173.90. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. The firm has a market capitalization of C$2.49 billion, a P/E ratio of 9.02, a PEG ratio of 0.84 and a beta of 1.87.

About goeasy

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.