Desjardins Reiterates Buy Rating for goeasy (GSY)

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Desjardins restated their buy rating on shares of goeasy (TSE:GSY) in a research report released on Wednesday morning.

GSY has been the topic of several other research reports. Raymond James upped their target price on shares of goeasy from C$60.00 to C$67.50 and gave the stock an outperform rating in a research note on Monday, September 24th. BMO Capital Markets upped their target price on shares of goeasy from C$47.00 to C$60.00 in a research note on Thursday, August 9th.

Shares of TSE GSY opened at C$46.24 on Wednesday. goeasy has a 52-week low of C$29.04 and a 52-week high of C$54.80.

goeasy (TSE:GSY) last issued its earnings results on Tuesday, August 7th. The company reported C$0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.78 by C$0.04. The firm had revenue of C$123.34 million for the quarter, compared to the consensus estimate of C$121.55 million. goeasy had a net margin of 4.94% and a return on equity of 9.52%.

In related news, Director David Ingram acquired 1,000 shares of the stock in a transaction that occurred on Friday, August 17th. The shares were bought at an average price of C$51.92 per share, for a total transaction of C$51,920.00.

About goeasy

goeasy Ltd. provides goods and alternative financial services in Canada. It operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; and consumer loans and related financial services, such as loan protection plans, home and auto benefit plans, and credit monitoring services.

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