Canada Goose (TSE:GOOS – Get Rating) had its price target reduced by stock analysts at Cowen from C$47.00 to C$38.00 in a research note issued to investors on Friday, BayStreet.CA reports. Cowen’s price target points to a potential upside of 48.50% from the stock’s current price.
Several other research analysts have also weighed in on GOOS. CIBC lowered their price objective on shares of Canada Goose from C$67.00 to C$45.00 and set a “neutral” rating on the stock in a research note on Friday, February 11th. Credit Suisse Group reduced their target price on shares of Canada Goose to C$37.00 and set an “outperform” rating for the company in a report on Friday. Wells Fargo & Company reduced their target price on shares of Canada Goose from C$45.00 to C$38.00 in a report on Friday. TD Securities lifted their target price 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. Finally, CSFB reduced their target price on shares of Canada Goose from C$48.00 to C$37.00 in a report on Friday. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$39.33.
Shares of Canada Goose stock traded down C$1.16 during trading on Friday, hitting C$25.59. 423,537 shares of the stock were exchanged, compared to its average volume of 395,160. The stock has a market capitalization of C$2.74 billion and a price-to-earnings ratio of 26.42. The company has a fifty day moving average price of C$29.61 and a 200-day moving average price of C$39.81. Canada Goose has a 1-year low of C$23.30 and a 1-year high of C$67.33. The company has a current ratio of 2.36, a quick ratio of 1.32 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.
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