goeasy (TSE:GSY) Stock Ranking Reaffirmed by Raymond James
goeasy (TSE: GSY)Investment analysts at Raymond James reiterated their rating of “outperforming” in a note released Friday to investors, Analyst Ratings Network reports. They currently have a price target of C$207.00 on the stock. Raymond James’ price target would indicate a potential upside of 39.98% from the company’s current price.
Several other equity research analysts have also recently published reports on GSY. National Bank Financial raised its price target on goeasy shares to C$220.00 and gave the company an “outperform” rating in a Friday, Nov. 5 research report. National Bankshares raised its price target on goeasy shares from C$196.00 to C$220.00 and gave the company an “outperform” rating in a Friday, Nov. 5, report. TD Securities reduced its price target on goeasy from C$260.00 to C$240.00 and set a “buy” rating for the company in a Thursday, January 27 research report. BMO Capital Markets raised its price target on goeasy from C$207.00 to C$226.00 and gave the company an “na” rating in a Friday, Nov. 5 research report. Finally, Scotiabank assumed cover for goeasy shares in a research note on Monday, November 29. They issued a “holding” rating and target price of C$206.00 on the stock. One analyst gave the stock a hold rating and seven gave the company’s stock a buy rating. According to data from MarketBeat, the stock currently has a consensus buy rating and a consensus target price of C$213.25.
Shares of TSE:GSY traded at CA$2.21 during Friday’s trading, hitting CA$147.88. 49,784 shares of the company were traded, against an average volume of 78,129. The company’s 50-day simple moving average is C$164.26 and its 200-day simple moving average is $181.86 THAT. The company has a market cap of C$2.40 billion and a price-to-earnings ratio of 9.92. goeasy has a 52 week low of C$114.58 and a 52 week high of C$218.35. The company has a debt ratio of 185.54, a current ratio of 14.55 and a quick ratio of 14.48.
In other news, Director Karen Basian purchased 1,000 shares in a trade dated Monday, Nov. 22. The shares were acquired at an average cost of CA$193.32 per share, with a total value of CA$193,318.00. As a result of the purchase, the administrator now directly owns 12,000 shares of the company, valued at approximately C$2,319,816. Additionally, director Susan Doniz purchased 150 shares of the company in a transaction that took place on Monday, November 29. The shares were acquired at an average price of CA$187.44 per share, with a total value of CA$28,116.00. Following the purchase, the director now owns 1,850 shares of the company, valued at C$346,764.
goeasy ltd. provides loans and other financial services to consumers in Canada. It also rents household products to consumers. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans, as well as secured savings loans; loan protection plans; and optional home and auto insurance products, which offer roadside assistance and a suite of other support services, as well as credit monitoring services.
Should you invest $1,000 in goeasy right now?
Before you consider goeasy, you’ll want to hear this.
MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and goeasy wasn’t on the list.
Although goeasy currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here