Canada Goose (TSE:GOOS) Price Target Lowered to C$13.00 at Bank of America

Canada Goose (TSE:GOOS) had its target price trimmed by Bank of America from C$14.00 to C$13.00 in a research report sent to investors on Monday,BayStreet.CA reports.

Several other equities research analysts have also recently issued reports on GOOS. Wedbush set a C$21.00 price target on shares of Canada Goose and gave the stock an “outperform” rating in a research note on Friday, July 19th. TD Securities decreased 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 research report on Friday, August 2nd. Barclays cut 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. Raymond James cut Canada Goose from an “outperform” rating to a “market perform” rating in a report on Tuesday, July 23rd. Finally, Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underperform” rating and dropped their target price for the company from C$16.00 to C$12.00 in a research note on Tuesday, October 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$16.57.

Canada Goose Stock Performance

TSE GOOS opened at C$13.26 on Monday. The company has a quick ratio of 0.69, a current ratio of 2.14 and a debt-to-equity ratio of 232.50. Canada Goose has a fifty-two week low of C$12.95 and a fifty-two week high of C$20.09. The business has a fifty day moving average of C$14.70 and a 200-day moving average of C$16.05. The stock has a market cap of C$606.38 million, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29.

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.