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

Shares of Canada Goose Holdings Inc. (TSE:GOOS) have been assigned a consensus rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$16.57.

Several equities analysts have commented on the stock. Bank of America dropped their price target on shares of Canada Goose from C$14.00 to C$13.00 in a research note on Monday, November 11th. Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underperform” rating and reduced their price target for the company from C$16.00 to C$12.00 in a research report on Tuesday, October 15th.

Canada Goose Stock Up 3.1 %

Shares of TSE:GOOS opened at C$16.82 on Friday. The firm has a market capitalization of C$769.18 million, a PE ratio of 30.58, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29. Canada Goose has a 1 year low of C$12.88 and a 1 year high of C$20.09. The company has a debt-to-equity ratio of 232.50, a current ratio of 2.14 and a quick ratio of 0.69. The firm’s 50-day moving average is C$14.39 and its two-hundred day moving average is C$14.87.

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.