goeasy (TSE:GSY) upgraded to strong buy on Raymond James


goeasy (TSE:GSY – Rating Received) was upgraded from an “outperform” rating to a “strong-buy” rating by equity researchers at Raymond James in a research report released to clients and investors on Friday, reports BayStreet.CA. The company currently has a price target of CA$207.00 for the stock. Raymond James’ price target indicates a potential upside of 61.21% from the company’s current price.

Several other brokerage firms have also recently commented on GSY. Scotiabank began reporting on Goeasy shares in a research note on Monday, November 29. They issued a “hold” rating and a price target of $206.00 on the stock. TD Securities lowered its price target on Goeasy shares to C$240.00 from C$260.00 and on Thursday, January 27, gave the stock a “buy” rating in a research report. One analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “buy” and a consensus price target of $213.25.

Shares of TSE GSY rose C$0.61 on Friday afternoon to reach C$128.40. 52,758 shares of the Company were exchanged compared to an average volume of 80,055. The company has a quick ratio of 15.28, a current ratio of 15.34 and a debt to equity ratio of 209.19. goeasy has an annual low of C$116.07 and an annual high of C$218.35. The stock has a market cap of $2.08 billion and a P/E of 8.82. The 50-day moving average price of the stock is $153.67 and the 200-day moving average price is $177.97.


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goeasy company profile (received rating)

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 offers unsecured and mortgage-backed installment loans and secured savings loans; credit protection plans; and optional Home and Auto Benefits products that provide roadside assistance and a range of other support services, as well as credit monitoring services.

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Analyst Recommendations for goeasy (TSE:GSY)

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