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

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

Several analysts recently issued reports on GOOS shares. Barclays decreased their target price on Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating on the stock in a research note 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. Wells Fargo & Company raised their target price on shares of Canada Goose from C$16.00 to C$19.00 and gave the company an “equal weight” rating in a research note on Friday, May 17th. CIBC boosted their price target on shares of Canada Goose from C$20.00 to C$21.00 and gave the stock a “neutral” rating in a research note on Friday, May 17th. Finally, Raymond James lowered Canada Goose from an “outperform” rating to a “market perform” rating in a research report on Tuesday, July 23rd.

Canada Goose Price Performance

TSE:GOOS opened at C$15.68 on Tuesday. The business’s 50-day simple moving average is C$16.39 and its two-hundred day simple moving average is C$16.81. Canada Goose has a 52 week low of C$13.61 and a 52 week high of C$22.50. The stock has a market cap of C$717.05 million, a PE ratio of 28.51, a P/E/G ratio of 0.61 and a beta of 1.30. 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.