Canada Goose Holdings Inc. (TSE:GOOS) Given Consensus Recommendation of “Hold” by Analysts

Canada Goose Holdings Inc. (TSE:GOOS) has earned an average recommendation of “Hold” from the six research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$16.57.

GOOS has been the subject of a number of analyst reports. Wells Fargo & Company cut shares of Canada Goose from an “equal weight” rating to an “underperform” rating and reduced their price objective for the stock from C$16.00 to C$12.00 in a research note on Tuesday, October 15th. Bank of America cut their target price on shares of Canada Goose from C$14.00 to C$13.00 in a research note on Monday, November 11th.

Canada Goose Stock Down 2.4 %

Shares of GOOS stock opened at C$13.36 on Thursday. Canada Goose has a 12 month low of C$12.88 and a 12 month high of C$20.09. The stock has a market cap of C$610.95 million, a P/E ratio of 24.29, a P/E/G ratio of 0.61 and a beta of 1.29. 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 company has a 50 day simple moving average of C$14.45 and a two-hundred day simple moving average of C$15.84.

Canada Goose Company Profile

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.