Analysts Set Canada Goose Holdings Inc. (TSE:GOOS) Price Target at C$18.14

Shares of Canada Goose Holdings Inc. (TSE:GOOS) have received a consensus rating of “Hold” from the six analysts that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$18.14.

A number of analysts recently commented on GOOS shares. Barclays lowered their price objective on shares of Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating for the company in a research report on Friday, August 2nd. Raymond James cut shares of Canada Goose from an “outperform” rating to a “market perform” rating in a research report on Tuesday, July 23rd. Wells Fargo & Company increased their target price on Canada Goose from C$16.00 to C$19.00 and gave the stock an “equal weight” rating in a report on Friday, May 17th. CIBC increased their target price on Canada Goose from C$20.00 to C$21.00 and gave the stock a “neutral” rating in a report on Friday, May 17th. Finally, TD Securities lowered their target price on Canada Goose from C$21.00 to C$17.00 and set a “hold” rating for the company in a report on Friday, August 2nd.

Canada Goose Stock Performance

GOOS stock opened at C$15.42 on Tuesday. The business’s fifty day moving average is C$16.22 and its 200-day moving average is C$16.78. 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 has a market cap of C$705.16 million, a P/E ratio of 28.04, a price-to-earnings-growth ratio of 0.61 and a beta of 1.30. Canada Goose has a twelve month low of C$13.61 and a twelve month high of C$22.50.

About Canada Goose

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.