BMO Capital Markets upgraded shares of goeasy (TSE:GSY – Free Report) from a market perform rating to an outperform rating in a research note published on Friday,BayStreet.CA reports. BMO Capital Markets currently has C$200.00 price target on the stock, down from their previous price target of C$207.00.
Several other brokerages have also recently weighed in on GSY. Raymond James raised their price objective on goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. Jefferies Financial Group reduced their price target on goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, goeasy has a consensus rating of “Moderate Buy” and a consensus target price of C$223.00.
Check Out Our Latest Research Report on goeasy
goeasy Price Performance
goeasy Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be issued a dividend of $1.46 per share. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Friday, March 28th. This is a boost from goeasy’s previous quarterly dividend of $1.17. goeasy’s payout ratio is currently 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.
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