Brokerages Set Canada Goose Holdings Inc. (NYSE:GOOS) PT at $11.60

Shares of Canada Goose Holdings Inc. (NYSE:GOOS) have been given a consensus rating of “Reduce” by the eight research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $11.60.

A number of analysts recently issued reports on GOOS shares. Wells Fargo & Company lowered shares of Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. The Goldman Sachs Group decreased their price objective on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a report on Tuesday, December 10th. Finally, UBS Group dropped their target price on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd.

Canada Goose Stock Down 1.2 %

GOOS opened at $10.31 on Friday. The company has a market cap of $997.96 million, a PE ratio of 27.86, a price-to-earnings-growth ratio of 0.61 and a beta of 1.32. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.71 and a current ratio of 1.85. Canada Goose has a 1 year low of $9.23 and a 1 year high of $14.75. The firm has a 50 day moving average price of $9.78 and a 200 day moving average price of $10.84.

Institutional Investors Weigh In On Canada Goose

Several large investors have recently modified their holdings of GOOS. BNP Paribas Financial Markets increased its position in shares of Canada Goose by 193.8% in the third quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock worth $40,000 after acquiring an additional 2,087 shares in the last quarter. DGS Capital Management LLC acquired a new position in Canada Goose in the 3rd quarter worth approximately $131,000. Olympiad Research LP purchased a new position in Canada Goose during the 3rd quarter worth approximately $175,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Canada Goose by 17.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company’s stock valued at $177,000 after purchasing an additional 2,002 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Canada Goose in the third quarter valued at $189,000. 83.64% of the stock is owned by institutional investors.

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, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.