23:12:08 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



goeasy Ltd
Symbol GSY
Shares Issued 16,569,060
Close 2023-11-09 C$ 128.15
Market Cap C$ 2,123,325,039
Recent Sedar Documents

Globe says Gloyn sees goeasy in good spot to make gains

2023-11-09 08:16 ET - In the News

The Globe and Mail reports in its Thursday, Nov. 9, edition that National Bank analyst Jaeme Gloyn has reaffirmed his "outperform" recommendation for goeasy. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gloyn gave his share target a $10 boost $185. Analysts on average target the shares at $173. Mr. Gloyn says in a note: "While credit cycle risk won't fade in the near term, we view the current multiple as reasonably attractive risk-reward for a company consistently producing double-digit EPS growth and low-to mid-20s ROE (again the case in Q3-23). We continue to expect goeasy will successfully execute against its three-year guidance including i) demonstrating stable credit performance, and ii) executing on several loan growth initiatives (e.g., product, channel, geographic)." The Globe reported on Nov. 23, 2022, and Feb. 17, 2023, that Mr. Gloyn rated goeasy "outperform." It was then worth $120.12 and $130.74. The Globe reported on May 3, 2023, that Mr. Gloyn had put goeasy on his radar. Mr. Gloyn continued to rate goeasy "outperform." The shares could then be had for $89.82.

© 2024 Canjex Publishing Ltd. All rights reserved.