Canada Goose Holdings Inc. (TSE:GOOS) Given Consensus Recommendation of “Hold” by Brokerages

Canada Goose Holdings Inc. (TSE:GOOS) has been assigned an average recommendation of “Hold” from the six brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$16.57.

GOOS has been the subject of a number of analyst reports. Bank of America cut their price objective on shares of Canada Goose from C$14.00 to C$13.00 in a research report on Monday, November 11th. Raymond James cut shares of Canada Goose from an “outperform” rating to a “market perform” rating in a report on Tuesday, July 23rd. Barclays dropped their price objective 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. Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underperform” rating and decreased their target price for the stock from C$16.00 to C$12.00 in a research note on Tuesday, October 15th. Finally, TD Securities dropped their price target on Canada Goose from C$21.00 to C$17.00 and set a “hold” rating for the company in a research report on Friday, August 2nd.

Canada Goose Price Performance

Shares of TSE GOOS opened at C$13.26 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. The company has a market cap of C$606.38 million, a P/E ratio of 24.11, a P/E/G ratio of 0.61 and a beta of 1.29. Canada Goose has a 52 week low of C$12.95 and a 52 week high of C$20.09. The business has a 50-day simple moving average of C$14.67 and a two-hundred day simple moving average of C$16.03.

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.