Canada Goose Holdings Inc. (TSE:GOOS) Receives C$16.57 Consensus Target Price from Brokerages

Shares of Canada Goose Holdings Inc. (TSE:GOOS) have received an average recommendation of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$16.57.

A number of research firms have issued reports on GOOS. Bank of America reduced their target price on shares of Canada Goose from C$14.00 to C$13.00 in a research note on Monday, November 11th. Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underperform” rating and reduced their price target for the stock from C$16.00 to C$12.00 in a research report on Tuesday, October 15th.

Canada Goose Price Performance

GOOS opened at C$14.99 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 company’s 50-day moving average price is C$14.13 and its 200 day moving average price is C$14.88. Canada Goose has a fifty-two week low of C$12.88 and a fifty-two week high of C$20.09. The firm has a market cap of C$685.49 million, a price-to-earnings ratio of 27.25, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29.

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.