The Globe and Mail reports in its Tuesday, July 29, edition that BMO Capital analyst Etienne Ricard continues to rate goeasy "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Ricard gave his share target an $8 boost to $228. Analysts on average target the shares at $219. Mr. Ricard says in a note: "We anticipate Goeasy's Q2 results to revolve around continued execution in achieving three-year forecasts and the potential for stability to net charge-offs/delinquencies. While the stock's valuation has normalized near historical averages from trough multiples over the span of a couple months, our forecasts provide for mid-teens earnings CAGR [compound annual growth rate] leading to 2027." The Globe reported on Aug. 13 and Oct. 23 that Mr. Ricard rated goeasy "outperform" and "market perform." The shares were then going for $185.46 and $165.39. The Globe reported on April 25 that Scotia Capital analyst Phil Hardie had reiterated his "sector perform" recommendation for goeasy when it was worth $156.89.
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