Canada Goose Holdings Inc. (NYSE:GOOS) Receives $11.60 Average Target Price from Brokerages

Canada Goose Holdings Inc. (NYSE:GOOS) has received a consensus recommendation of “Reduce” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $11.60.

Several research analysts recently weighed in on the stock. UBS Group cut their price target on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. Wells Fargo & Company downgraded Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. Finally, The Goldman Sachs Group decreased their price target on Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a research report on Tuesday.

Canada Goose Trading Down 0.8 %

GOOS opened at $9.92 on Wednesday. Canada Goose has a fifty-two week low of $9.23 and a fifty-two week high of $14.75. The firm has a market capitalization of $960.16 million, a PE ratio of 26.81, a P/E/G ratio of 0.61 and a beta of 1.34. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.85 and a quick ratio of 0.71. The company’s 50-day moving average is $10.09 and its 200 day moving average is $11.32.

Institutional Trading of Canada Goose

A number of hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in Canada Goose by 193.8% in the third quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock worth $40,000 after purchasing an additional 2,087 shares during the last quarter. DGS Capital Management LLC bought a new stake in shares of Canada Goose in the 3rd quarter valued at about $131,000. Olympiad Research LP purchased a new stake in Canada Goose during the 3rd quarter valued at about $175,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Canada Goose by 17.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company’s stock valued at $177,000 after acquiring an additional 2,002 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in Canada Goose during the 3rd quarter worth approximately $189,000. Institutional investors own 83.64% of the company’s stock.

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, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.