The Globe and Mail reports in its Friday, Oct. 12, edition that Desjardins Securities analyst Gary Ho says goeasy ($46.67) is "cashed up and ready to grow." The Globe's David Leeder writes in the Eye On Equities column that Mr. Ho resumed coverage on goeasy after its $46.5-million equity financing. Mr. Ho continues to rate the shares "buy." Mr. Ho boosted his share target to $58 from $55. Analysts on average target the shares at $64.40. Mr. Ho says in a note: "While this offering is dilutive near-term until excess cash is put to use to fund loan book growth, we believe it provides added financial flexibility for GSY. Not only does it increase GSY's available capital by $45-million (assuming over-allotment), it also lowers its net debt/total capital to 64 per cent from 69 per cent. Put another way, this $45-million creates an added buffer for GSY to increase its debt by $105-million, assuming a 70/30 debt/equity mix. By our estimate, GSY now has financial capacity for growth well into 2020. One of the criticisms from investors has been the lack of liquidity on GSY stock. According to Bloomberg stats, insiders control 25 30 per cent of the outstanding shares while Fiera/Natcan owns another 15 per cent."