Canada Goose Holdings Inc. (NYSE:GOOS) Given Consensus Recommendation of “Hold” by Analysts

Shares of Canada Goose Holdings Inc. (NYSE:GOOS – Get Rating) have been assigned a consensus rating of “Hold” from the eleven ratings firms that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $30.57.

Several equities research analysts have issued reports on the stock. Cowen dropped their target price on shares of Canada Goose from $26.00 to $22.00 and set an “outperform” rating for the company in a research report on Friday, February 3rd. Robert W. Baird lowered shares of Canada Goose from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 24th. UBS Group decreased their target price on Canada Goose from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Wednesday, March 29th. Barclays lowered Canada Goose from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, May 2nd. Finally, Credit Suisse Group raised their price objective on shares of Canada Goose from C$30.00 to C$36.00 in a research note on Wednesday, February 8th.

Canada Goose Stock Up 2.5 %

Shares of NYSE:GOOS opened at $20.75 on Tuesday. The firm has a fifty day moving average price of $18.81 and a two-hundred day moving average price of $18.99. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.20 and a quick ratio of 1.15. Canada Goose has a one year low of $14.51 and a one year high of $24.73. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 48.26, a PEG ratio of 0.54 and a beta of 1.63.

Institutional Investors Weigh In On Canada Goose

Several hedge funds have recently modified their holdings of the business. Credit Suisse AG increased its holdings in Canada Goose by 27.1% in the third quarter. Credit Suisse AG now owns 363,370 shares of the company’s stock valued at $5,538,000 after buying an additional 77,376 shares in the last quarter. TD Asset Management Inc lifted its position in shares of Canada Goose by 3.2% during the 4th quarter. TD Asset Management Inc now owns 227,765 shares of the company’s stock worth $4,048,000 after purchasing an additional 7,168 shares during the last quarter. Bank of Montreal Can lifted its stake in Canada Goose by 34.7% during the fourth quarter. Bank of Montreal Can now owns 454,851 shares of the company’s stock worth $8,106,000 after purchasing an additional 117,147 shares during the last quarter. TD Asset Management Inc. lifted its position in Canada Goose by 48.5% in the third quarter. TD Asset Management Inc. now owns 220,597 shares of the company’s stock valued at $3,532,000 after acquiring an additional 72,067 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Canada Goose in the 3rd quarter valued at $1,270,000. Hedge funds and other institutional investors own 42.79% of the company’s stock.

About Canada Goose

(Get Rating)

Canada Goose Holdings, Inc engages in the design, manufacture, distribution, and retail of outerwear for men, women, and children. It operates through the following segments: Direct-to-Consumer, Wholesale, and Other. The Direct-to-Consumer segment comprises of sales through country-specific e-Commerce platforms and its company-owned retail stores located in luxury shopping locations.