goeasy (TSE:GSY) Price Target Cut to C$210.00 by Analysts at Cormark

goeasy (TSE:GSY) had its target price cut by Cormark from C$240.00 to C$210.00 in a research report report published on Thursday,BayStreet.CA reports.

A number of other equities research analysts have also recently weighed in on GSY. TD Securities set a C$199.00 price target on shares of goeasy and gave the company a “buy” rating in a research report on Wednesday, April 9th. Raymond James lifted their target price on goeasy from C$230.00 to C$245.00 in a research report on Tuesday, February 18th. BMO Capital Markets raised goeasy from a “market perform” rating to an “outperform” rating and decreased their target price for the company from C$207.00 to C$200.00 in a research report on Friday, March 14th. Finally, Jefferies Financial Group cut their price target on goeasy from C$222.00 to C$182.00 in a research report on Monday. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$216.00.

goeasy Stock Performance

Shares of goeasy stock opened at C$156.89 on Thursday. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. goeasy has a 52 week low of C$134.01 and a 52 week high of C$206.02. The firm’s 50 day moving average is C$154.86 and its two-hundred day moving average is C$167.07. The firm has a market capitalization of C$2.63 billion, a P/E ratio of 9.54, a P/E/G ratio of 0.84 and a beta of 1.87.

goeasy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, April 11th were paid a $1.46 dividend. This is an increase from goeasy’s previous quarterly dividend of $1.17. This represents a $5.84 annualized dividend and a dividend yield of 3.72%. The ex-dividend date was Friday, March 28th. goeasy’s dividend payout ratio (DPR) is 28.45%.

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.