Canada Goose (TSE:GOOS) Lowered to Underperform at Wells Fargo & Company

Wells Fargo & Company cut shares of Canada Goose (TSE:GOOS) 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

Shares of GOOS opened at C$14.81 on Tuesday. The company has a market cap of C$677.26 million, a P/E ratio of 26.93, a PEG ratio of 0.61 and a beta of 1.29. Canada Goose has a fifty-two week low of C$13.56 and a fifty-two week high of C$20.09. 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 firm’s 50 day moving average price is C$15.16 and its 200 day moving average price is C$16.29.

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.