Analysts Set Canada Goose Holdings Inc. (TSE:GOOS) PT at C$17.17

Canada Goose Holdings Inc. (TSE:GOOS) has earned an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One 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 analysts that have covered the stock in the last year is C$16.57.

Several brokerages recently issued reports on GOOS. TD Securities lowered their price target 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. Wedbush set a C$21.00 target price on Canada Goose and gave the company an “outperform” rating in a report on Friday, July 19th. Barclays decreased their price target on 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 dropped their price objective on shares of Canada Goose from C$14.00 to C$13.00 in a research note on Monday. Finally, Wells Fargo & Company downgraded shares of Canada Goose from an “equal weight” rating to an “underperform” rating and decreased their target price for the company from C$16.00 to C$12.00 in a research note on Tuesday, October 15th.

Canada Goose Stock Performance

TSE GOOS opened at C$13.60 on Friday. The business’s 50-day moving average price is C$14.80 and its 200 day moving average price is C$16.08. The company has a current ratio of 2.14, a quick ratio of 0.69 and a debt-to-equity ratio of 232.50. Canada Goose has a twelve month low of C$12.95 and a twelve month high of C$20.09. The company has a market capitalization of C$621.93 million, a PE ratio of 24.73, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29.

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.