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

Shares of Canada Goose Holdings Inc. (TSE:GOOS) have received an average recommendation of “Hold” from the six brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$17.17.

Several brokerages have recently issued reports on GOOS. Wedbush set a C$21.00 price target on Canada Goose and gave the company an “outperform” rating in a report on Friday, July 19th. TD Securities lowered their target price on shares of Canada Goose from C$21.00 to C$17.00 and set a “hold” rating on the stock in a research report on Friday, August 2nd. Barclays lowered their price objective on Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating on the stock in a report on Friday, August 2nd. Wells Fargo & Company cut Canada Goose from an “equal weight” rating to an “underperform” rating and decreased their target price for the stock from C$16.00 to C$12.00 in a research report on Tuesday. Finally, Raymond James lowered shares of Canada Goose from an “outperform” rating to a “market perform” rating in a research report on Tuesday, July 23rd.

Canada Goose Stock Performance

Shares of GOOS stock opened at C$14.81 on Wednesday. The stock’s fifty day simple moving average is C$15.16 and its 200-day simple moving average is C$16.29. The company has a market capitalization of C$677.26 million, a price-to-earnings ratio of 26.93, 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. Canada Goose has a 1-year low of C$13.56 and a 1-year high of C$20.09.

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.