Canada Goose Holdings Inc. (TSE:GOOS) Receives Average Rating of “Hold” from Brokerages

Canada Goose Holdings Inc. (TSE:GOOS) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$18.14.

A number of analysts have weighed in on the company. TD Securities lowered their target price on Canada Goose from C$21.00 to C$17.00 and set a “hold” rating for the company in a report on Friday, August 2nd. Raymond James downgraded Canada Goose from an “outperform” rating to a “market perform” rating in a research report on Tuesday, July 23rd. Barclays reduced their target price on shares of Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating for the company in a report on Friday, August 2nd. Finally, Wedbush set a C$21.00 price target on shares of Canada Goose and gave the company an “outperform” rating in a report on Friday, July 19th.

Canada Goose Price Performance

Shares of GOOS stock opened at C$14.30 on Friday. Canada Goose has a twelve month low of C$13.56 and a twelve month high of C$20.29. The company has a current ratio of 2.14, a quick ratio of 0.69 and a debt-to-equity ratio of 232.50. The stock has a fifty day simple moving average of C$15.34 and a two-hundred day simple moving average of C$16.50. The stock has a market capitalization of C$653.94 million, a price-to-earnings ratio of 26.00, a P/E/G ratio of 0.61 and a beta of 1.28.

About Canada Goose

Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Greater China, rest of the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.