Bank of America Lowers Canada Goose (TSE:GOOS) Price Target to C$13.00

Canada Goose (TSE:GOOS) had its target price cut by investment analysts at Bank of America from C$14.00 to C$13.00 in a report issued on Monday,BayStreet.CA reports. Bank of America‘s target price would suggest a potential downside of 4.41% from the stock’s previous close.

GOOS has been the subject of a number of other research reports. TD Securities cut their price target on shares of Canada Goose from C$21.00 to C$17.00 and set a “hold” rating for the company in a report on Friday, August 2nd. Raymond James downgraded shares of Canada Goose from an “outperform” rating to a “market perform” rating in a report on Tuesday, July 23rd. Wedbush set a C$21.00 price target on shares of Canada Goose and gave the stock an “outperform” rating in a report on Friday, July 19th. Barclays cut their price target on shares of Canada Goose from C$13.00 to C$12.00 and set an “equal weight” rating for the company in a report on Friday, August 2nd. Finally, Wells Fargo & Company downgraded shares of Canada Goose from an “equal weight” rating to an “underperform” rating and cut their price target for the stock from C$16.00 to C$12.00 in a report on Tuesday, October 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of C$16.57.

Canada Goose Stock Performance

TSE GOOS opened at C$13.60 on Monday. The company has a quick ratio of 0.69, a current ratio of 2.14 and a debt-to-equity ratio of 232.50. The company has a market capitalization of C$621.93 million, a P/E ratio of 24.73, a P/E/G ratio of 0.61 and a beta of 1.29. Canada Goose has a 12-month low of C$12.95 and a 12-month high of C$20.09. The firm has a 50-day moving average price of C$14.80 and a two-hundred day moving average price of C$16.08.

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