04:33:12 EDT Wed 16 Jul 2025
Enter Symbol
or Name
USA
CA



goeasy Ltd
Symbol GSY
Shares Issued 16,795,567
Close 2024-07-19 C$ 187.83
Market Cap C$ 3,154,711,350
Recent Sedar Documents

Globe says goeasy seen having surprise upside potential

2024-07-19 08:00 ET - In the News

The Globe and Mail reports in its Friday, July 19, edition that CIBC World Markets analysts led by Nik Priebe has an "outperformer" recommendation and $230 share target on goeasy. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Priebe is highlighting goeasy as a name with surprise upside potential. Mr. Priebe says in a note: "The company is poised to deliver the best quarter of loan growth in its history, and we foresee potential to either achieve the top end of the guided range or exceed it. Since the growth outlook improved in late 2021/early 2022 (i.e., when spending patterns began to normalize and consumers drew down on excess savings that were built up throughout the pandemic era), goeasy has either achieved the high end of its 'intra-quarter' guidance range for loan growth -- or exceeded it -- in nine of the past ten quarters." The Globe reported on April 18 that Mr. Priebe, seeing the federal budget as a "key derisking event" for goeasy, upgraded the lender to an "outperformer" recommendation from "neutral." The shares were then worth $173.81. The Globe reported on April 23 and May 8 that Mr. Ho continued to rate goeasy "buy." The shares were then worth $175.09 and $190.60.

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