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An announcement from goeasy ( (TSE:GSY) ) is now available.
goeasy Ltd. announced the appointment of Patrick Ens, President of easyfinancial, to the Board of Directors of the Canadian Lenders Association (CLA). This appointment reflects goeasy’s ongoing commitment to leadership within the CLA, aiming to enhance responsible and inclusive lending in Canada. Patrick Ens brings extensive experience in consumer credit, reinforcing goeasy’s influence in shaping policies and promoting financial inclusion. The CLA’s Board aims to unite various financial entities to advance financial literacy and an inclusive credit economy, which could further strengthen goeasy’s industry positioning and stakeholder relations.
The most recent analyst rating on (TSE:GSY) stock is a Buy with a C$194.00 price target. To see the full list of analyst forecasts on goeasy stock, see the TSE:GSY Stock Forecast page.
Spark’s Take on TSE:GSY Stock
According to Spark, TipRanks’ AI Analyst, TSE:GSY is a Neutral.
goeasy’s overall stock score reflects strong financial performance and reasonable valuation, offset by technical weaknesses and challenges highlighted in the earnings call. The company’s profitability and revenue growth are strengths, but high leverage and negative cash flows pose risks. Technical indicators suggest bearish momentum, while the earnings call indicates mixed sentiment with both achievements and challenges.
To see Spark’s full report on TSE:GSY stock, click here.
More about goeasy
goeasy Ltd. is a Canadian company headquartered in Mississauga, Ontario, providing non-prime leasing and lending services through its brands easyhome, easyfinancial, and LendCare. The company offers a range of financial products including unsecured and secured installment loans, merchant financing, and lease-to-own merchandise. With over 2,600 employees, goeasy operates through an omni-channel model with online, mobile platforms, and over 400 locations across Canada, serving over 1.6 million Canadians and originating approximately $18.5 billion in loans.
Average Trading Volume: 107,118
Technical Sentiment Signal: Sell
Current Market Cap: C$1.97B
See more data about GSY stock on TipRanks’ Stock Analysis page.