Desjardins reiterated their buy rating on shares of goeasy (TSE:GSY) in a research note published on Wednesday morning.

Several other brokerages have also recently issued reports on GSY. Raymond James boosted their price target on shares of goeasy from C$60.00 to C$67.50 and gave the company an outperform rating in a research report on Monday, September 24th. BMO Capital Markets boosted their price target on shares of goeasy from C$47.00 to C$60.00 in a research report on Thursday, August 9th.

Shares of TSE GSY opened at C$46.24 on Wednesday. goeasy has a 1 year low of C$29.04 and a 1 year high of C$54.80.

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

In related news, Director David Ingram purchased 1,000 shares of goeasy 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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