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

Shares of Canada Goose Holdings Inc. (TSE:GOOS) have earned an average rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. One investment 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 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$16.57.

A number of equities analysts recently weighed in on the stock. Wedbush set a C$21.00 target price on shares of Canada Goose and gave the stock an “outperform” rating in a research report on Friday, July 19th. Raymond James downgraded Canada Goose from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. TD Securities reduced their price target 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. Wells Fargo & Company downgraded shares of Canada Goose from an “equal weight” rating to an “underperform” rating and reduced their target price for the stock from C$16.00 to C$12.00 in a report on Tuesday, October 15th. Finally, Bank of America lowered their price target on shares of Canada Goose from C$14.00 to C$13.00 in a report on Monday.

Canada Goose Stock Down 2.2 %

Shares of GOOS stock opened at C$13.26 on Friday. The company has a debt-to-equity ratio of 232.50, a current ratio of 2.14 and a quick ratio of 0.69. Canada Goose has a one year low of C$12.95 and a one year high of C$20.09. The company’s fifty day moving average price is C$14.70 and its 200-day moving average price is C$16.05. The company has a market capitalization of C$606.38 million, a price-to-earnings ratio of 24.11, a PEG 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.