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

Canada Goose Holdings Inc. (TSE:GOOS) has received an average rating of “Hold” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One 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 12-month price target among brokerages that have issued ratings on the stock in the last year is C$16.57.

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

Canada Goose Stock Performance

GOOS opened at C$14.38 on Monday. The company’s 50 day moving average is C$13.87 and its 200 day moving average is C$15.41. 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 company has a market cap of C$657.60 million, a price-to-earnings ratio of 26.15, a PEG ratio of 0.61 and a beta of 1.29. Canada Goose has a 12-month low of C$12.88 and a 12-month high of C$20.09.

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.