Canada Goose (TSE:GOOS) PT Raised to C$49.00 at TD Securities

Canada Goose (TSE:GOOSGet Rating) had its price objective upped by analysts at TD Securities from C$46.00 to C$49.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 66.67% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. UBS Group dropped their target price on Canada Goose from C$35.00 to C$31.00 and set a “neutral” rating on the stock in a research report on Friday, February 11th. CIBC dropped their target price on Canada Goose from C$67.00 to C$45.00 and set a “neutral” rating on the stock in a research report on Friday, February 11th. Credit Suisse Group dropped their target price on Canada Goose to C$48.00 and set an “outperform” rating on the stock in a research report on Friday, February 11th. CSFB dropped their target price on Canada Goose from C$60.00 to C$48.00 in a research report on Friday, February 11th. Finally, Cowen dropped their target price on Canada Goose from C$70.00 to C$47.00 and set a “market perform” rating on the stock in a research report on Monday, February 14th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of C$49.56.

TSE:GOOS traded down C$0.31 during midday trading on Thursday, hitting C$29.40. The stock had a trading volume of 135,473 shares, compared to its average volume of 396,900. Canada Goose has a one year low of C$27.15 and a one year high of C$67.33. The company has a market capitalization of C$3.14 billion and a price-to-earnings ratio of 30.73. The stock has a 50-day moving average of C$32.25 and a 200 day moving average of C$42.72. The company has a quick ratio of 1.32, a current ratio of 2.36 and a debt-to-equity ratio of 122.84.

About Canada Goose (Get Rating)

Canada Goose Holdings Inc designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia, Europe, and internationally. It operates through three segments: Direct-to-Consumer, Wholesale, and Other. The company offers parkas, lightweight down jackets, rainwear, windwear, knitwear, footwear, and accessories for fall, winter, and spring seasons.

Further Reading

Analyst Recommendations for Canada Goose (TSE:GOOS)

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