Canada Goose Holdings Inc. (TSE:GOOS) Receives Average Rating of “Hold” from Brokerages

Canada Goose Holdings Inc. (TSE:GOOS) has earned an average rating of “Hold” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$16.57.

Several research analysts recently issued reports on GOOS shares. Bank of America cut their target price on shares of Canada Goose from C$14.00 to C$13.00 in a research report on Monday, November 11th. Wells Fargo & Company lowered shares of Canada Goose from an “equal weight” rating to an “underperform” rating and lowered their price objective for the stock from C$16.00 to C$12.00 in a report on Tuesday, October 15th.

Canada Goose Price Performance

Shares of TSE GOOS opened at C$14.99 on Friday. 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 twelve month low of C$12.88 and a twelve month high of C$20.09. The firm has a market capitalization of C$685.49 million, a P/E ratio of 27.25, a P/E/G ratio of 0.61 and a beta of 1.29. The stock’s 50-day simple moving average is C$14.10 and its two-hundred day simple moving average is C$14.92.

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.