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National Bank on goeasy's "Solid" Quarter
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National Bank on goeasy's "Solid" Quarter
Nov 11, 2024 10:52 AM

01:43 PM EST, 11/11/2024 (MT Newswires) -- goeasy delivered a solid quarter of growth, profit and sequential charge-off/delinquency improvement that should calm investor concerns regarding the credit picture, noted National Bank's Jaeme Gloyn, who has raised the one year target to $245.

"Trading at ~9x consensus 2025 suggests a favourable risk-reward set-up given our high-teen EPS growth and mid-20s ROE forecasts," Gloyn said.

Reiterate Outperform.

Price: 179.36, Change: +0.12, Percent Change: +0.07

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