Analysts Set Canada Goose Holdings Inc. (TSE:GOOS) Target Price at C$17.17

Canada Goose Holdings Inc. (TSE:GOOS) has been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$16.57.

Several brokerages have recently issued reports on GOOS. Barclays lowered their price objective on shares of 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 dropped their price target on 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 lowered 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 decreased their target price on Canada Goose from C$14.00 to C$13.00 in a report on Monday. Finally, Wedbush set a C$21.00 target price on Canada Goose and gave the company an “outperform” rating in a report on Friday, July 19th.

Canada Goose Price Performance

TSE:GOOS opened at C$13.60 on Friday. The company has a quick ratio of 0.69, a current ratio of 2.14 and a debt-to-equity ratio of 232.50. The business’s 50-day moving average price is C$14.80 and its 200 day moving average price is C$16.08. Canada Goose has a 52-week low of C$12.95 and a 52-week high of C$20.09. The firm has a market cap of C$621.93 million, a P/E ratio of 24.73, a PEG ratio of 0.61 and a beta of 1.29.

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.