Bank of America Cuts Canada Goose (TSE:GOOS) Price Target to C$13.00

Canada Goose (TSE:GOOS) had its price objective lowered by Bank of America from C$14.00 to C$13.00 in a research note released on Monday,BayStreet.CA reports.

Other equities analysts have also issued reports about the stock. Wedbush set a C$21.00 price objective on shares of Canada Goose and gave the company an “outperform” rating in a report on Friday, July 19th. Barclays cut 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 report on Friday, August 2nd. Raymond James lowered shares of Canada Goose from an “outperform” rating to a “market perform” rating in a report on Tuesday, July 23rd. Wells Fargo & Company lowered shares of Canada Goose from an “equal weight” rating to an “underperform” rating and cut their price objective for the company from C$16.00 to C$12.00 in a report on Tuesday, October 15th. Finally, TD Securities cut 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. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$16.57.

Canada Goose Trading Down 0.3 %

Shares of TSE GOOS opened at C$13.56 on Monday. The company’s 50 day simple moving average is C$14.75 and its 200 day simple moving average is C$16.06. Canada Goose has a fifty-two week low of C$12.95 and a fifty-two week high of C$20.09. The firm has a market capitalization of C$620.10 million, a P/E ratio of 24.65, a P/E/G ratio of 0.61 and a beta of 1.29. The company has a debt-to-equity ratio of 232.50, a current ratio of 2.14 and a quick ratio of 0.69.

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.