goeasy (TSE:GSY) Stock Price Expected to Rise, National Bankshares Analyst Says

goeasy (TSE:GSY) had its price objective lifted by investment analysts at National Bankshares from C$235.00 to C$255.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 37.67% from the stock’s current price.

Several other research firms have also commented on GSY. Scotiabank increased their price objective on shares of goeasy from C$205.00 to C$230.00 in a research note on Wednesday, July 23rd. BMO Capital Markets raised their price target on shares of goeasy from C$220.00 to C$228.00 and gave the stock an “outperform” rating in a research note on Monday. Jefferies Financial Group decreased their price target on shares of goeasy from C$222.00 to C$182.00 in a research note on Monday, April 21st. TD Securities raised their price target on shares of goeasy from C$192.00 to C$205.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Cormark decreased their price target on shares of goeasy from C$240.00 to C$210.00 in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$220.63.

goeasy Price Performance

Shares of TSE GSY opened at C$185.23 on Tuesday. goeasy has a fifty-two week low of C$134.01 and a fifty-two week high of C$205.49. The stock has a market cap of C$3.11 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The firm’s 50-day simple moving average is C$163.79 and its 200 day simple moving average is C$161.56.

Insider Buying and Selling

In other goeasy news, Senior Officer Daniel Llewellyn Rees acquired 1,000 shares of the business’s stock in a transaction that occurred on Monday, June 23rd. The stock was bought at an average cost of C$160.00 per share, with a total value of C$160,000.00. Company insiders own 22.05% of the company’s stock.

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.