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

Shares of Canada Goose Holdings Inc. (TSE:GOOS) have earned an average recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$17.17.

Several brokerages recently commented on GOOS. Barclays reduced their price target on Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating for the company in a research report on Friday, August 2nd. 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 report on Friday, August 2nd. Wedbush set a C$21.00 price target on shares of Canada Goose and gave the company an “outperform” rating in a research note on Friday, July 19th. Raymond James lowered shares of Canada Goose from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. Finally, Wells Fargo & Company downgraded shares of Canada Goose from an “equal weight” rating to an “underperform” rating and cut their target price for the company from C$16.00 to C$12.00 in a research note on Tuesday, October 15th.

Canada Goose Price Performance

Shares of TSE:GOOS opened at C$13.55 on Friday. The company has a market cap of C$619.64 million, a P/E ratio of 24.64, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29. Canada Goose has a 12-month low of C$12.96 and a 12-month high of C$20.09. The company’s fifty day moving average is C$14.89 and its two-hundred day moving average is C$16.11. The company has a quick ratio of 0.69, a current ratio of 2.14 and a debt-to-equity ratio of 232.50.

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.