Wells Fargo & Company cut shares of Canada Goose (TSE:GOOS – Free Report) from an equal weight rating to an underperform rating in a report published on Tuesday morning, BayStreet.CA reports. The brokerage currently has C$12.00 price objective on the stock, down from their previous price objective of C$16.00.
GOOS has been the topic of several other reports. Raymond James cut Canada Goose from an outperform rating to a market perform rating in a research note on Tuesday, July 23rd. Wedbush set a C$21.00 price target on Canada Goose and gave the company an outperform rating in a research report on Friday, July 19th. Barclays decreased their price objective on Canada Goose from C$13.00 to C$12.00 and set an equal weight rating for the company in a research note on Friday, August 2nd. Finally, TD Securities reduced 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 research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Canada Goose currently has a consensus rating of Hold and a consensus target price of C$17.17.
Canada Goose Price Performance
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.
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