goeasy (TSE:GSY) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of goeasy (TSE:GSY) from a market perform rating to an outperform rating in a research report report published on Friday, Marketbeat.com reports. The brokerage currently has C$200.00 price objective on the stock, down from their prior price objective of C$207.00.

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

goeasy Trading Up 5.6 %

GSY opened at C$148.86 on Friday. The company has a market cap of C$2.50 billion, a P/E ratio of 9.05, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a fifty day moving average price of C$169.86 and a two-hundred day moving average price of C$173.55. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. goeasy has a 1-year low of C$140.73 and a 1-year high of C$206.02.

goeasy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be given a $1.46 dividend. This is a positive change from goeasy’s previous quarterly dividend of $1.17. This represents a $5.84 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend is Friday, March 28th. goeasy’s dividend payout ratio is presently 28.45%.

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.