Canada Goose (TSE:GOOS) Sets New 52-Week High Following Analyst Upgrade

Canada Goose Holdings Inc. (TSE:GOOS) shares hit a new 52-week high during trading on Monday after TD Securities upgraded the stock from a hold rating to a buy rating. TD Securities now has a C$25.00 price target on the stock, up from their previous price target of C$22.00. Canada Goose traded as high as C$21.27 and last traded at C$21.16, with a volume of 448025 shares changing hands. The stock had previously closed at C$18.55.

Canada Goose Price Performance

The stock has a market cap of C$2.02 billion, a PE ratio of 43.44, a P/E/G ratio of 0.61 and a beta of 2.36. The company has a debt-to-equity ratio of 168.00, a current ratio of 2.01 and a quick ratio of 0.69. The firm’s 50 day moving average price is C$17.36 and its two-hundred day moving average price is C$14.73.

Canada Goose Company Profile

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations.