Brokerages Set Canada Goose Holdings Inc. (TSE:GOOS) Target Price at C$17.17

Shares of Canada Goose Holdings Inc. (TSE:GOOS) have been assigned a consensus rating of “Hold” from the six analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is C$17.17.

Several research firms have recently weighed in on GOOS. Raymond James lowered Canada Goose from an “outperform” rating to a “market perform” rating in a research report on Tuesday, July 23rd. Wells Fargo & Company lowered 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 research report on Tuesday, October 15th. Wedbush set a C$21.00 price objective on Canada Goose and gave the stock an “outperform” rating in a research report on Friday, July 19th. TD Securities reduced their target price on Canada Goose from C$21.00 to C$17.00 and set a “hold” rating for the company in a research note on Friday, August 2nd. Finally, Barclays reduced their target price on Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating for the company in a research note on Friday, August 2nd.

Canada Goose Stock Performance

GOOS stock opened at C$15.51 on Wednesday. The stock has a 50-day moving average price of C$15.18 and a 200-day moving average price of C$16.27. Canada Goose has a 1-year low of C$13.56 and a 1-year high of C$20.09. The company has a current ratio of 2.14, a quick ratio of 0.69 and a debt-to-equity ratio of 232.50. The firm has a market cap of C$709.27 million, a PE ratio of 28.20, 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.