Canada Goose Holdings Inc. (TSE:GOOS) Receives C$17.17 Consensus PT from Brokerages

Canada Goose Holdings Inc. (TSE:GOOS) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on 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 equities research analysts recently commented on the stock. Barclays lowered their price target on shares of Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating for the company in a report on Friday, August 2nd. Bank of America lowered their price objective on shares of Canada Goose from C$14.00 to C$13.00 in a research note on Monday, November 11th. TD Securities cut their target price on Canada Goose from C$21.00 to C$17.00 and set a “hold” rating on the stock in a research note on Friday, August 2nd. Raymond James downgraded Canada Goose from an “outperform” rating to a “market perform” rating in a report on Tuesday, July 23rd. Finally, Wells Fargo & Company cut Canada Goose from an “equal weight” rating to an “underperform” rating and dropped their price objective for the stock from C$16.00 to C$12.00 in a report on Tuesday, October 15th.

Canada Goose Stock Performance

TSE:GOOS opened at C$13.26 on Friday. The company has a debt-to-equity ratio of 232.50, a quick ratio of 0.69 and a current ratio of 2.14. 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 cap of C$606.38 million, a PE ratio of 24.11, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29. The business has a 50 day moving average price of C$14.67 and a 200-day moving average price of C$16.03.

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.