Canada Goose (TSE:GOOS – Get Rating) had its price target reduced by Bank of America from C$30.00 to C$25.00 in a research note issued to investors on Friday, BayStreet.CA reports. Bank of America‘s price objective points to a potential downside of 2.31% from the stock’s previous close.
A number of other equities analysts also recently weighed in on GOOS. Wells Fargo & Company lowered their target price on shares of Canada Goose from C$45.00 to C$38.00 in a research note on Friday. Cowen lowered their target price on shares of Canada Goose from C$47.00 to C$38.00 in a research note on Friday. Credit Suisse Group lowered their target price on shares of Canada Goose to C$37.00 and set an “outperform” rating for the company in a research note on Friday. CSFB reduced their price target on shares of Canada Goose from C$48.00 to C$37.00 in a report on Friday. Finally, TD Securities raised their price target on shares of Canada Goose from C$49.00 to C$54.00 and gave the stock a “buy” rating in a report on Friday. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$39.33.
Shares of GOOS stock traded down C$1.16 during trading hours on Friday, hitting C$25.59. 423,537 shares of the company’s stock traded hands, compared to its average volume of 395,160. Canada Goose has a 12 month low of C$23.30 and a 12 month high of C$67.33. The stock’s 50 day simple moving average is C$29.61 and its 200 day simple moving average is C$39.81. The stock has a market cap of C$2.74 billion and a PE ratio of 26.42. The company has a quick ratio of 1.32, a current ratio of 2.36 and a debt-to-equity ratio of 122.84.
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.
- 3 Retailers That Defied First Quarter Headwinds
- Will John Deere’s Earnings Help to Calm the Markets?
- Rapid7: Could Be Profitable in FY 2022 Despite Bear Market
- Lowe’s Companies Has Not Bottomed
- Silicon Labs Stock is Falling to a Better Place
Receive News & Ratings for Canada Goose Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Goose and related companies with MarketBeat.com's FREE daily email newsletter.