Analysts Set Canada Goose Holdings Inc. (NYSE:GOOS) Price Target at $11.80

Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) has been given an average recommendation of "Reduce" by the eight research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $11.80.

Several research analysts recently issued reports on GOOS shares. Barclays lowered their target price on Canada Goose from $13.00 to $12.00 and set an "equal weight" rating for the company in a research report on Friday, August 2nd. Wedbush assumed coverage on Canada Goose in a report on Friday, July 19th. They issued an "outperform" rating on the stock. Raymond James lowered shares of Canada Goose from an "outperform" rating to a "market perform" rating in a report on Tuesday, July 23rd. Wells Fargo & Company lowered shares of Canada Goose from an "equal weight" rating to an "underweight" rating in a research note on Monday, October 14th. Finally, UBS Group lowered their target price on shares of Canada Goose from $13.00 to $12.00 and set a "neutral" rating for the company in a research note on Tuesday, October 22nd.

Canada Goose Trading Down 0.1 %

NYSE GOOS traded down $0.01 during trading hours on Friday, reaching $9.41. The company's stock had a trading volume of 888,156 shares, compared to its average volume of 927,634. Canada Goose has a 52 week low of $9.29 and a 52 week high of $14.75. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.85 and a quick ratio of 0.71. The stock has a market cap of $910.23 million, a P/E ratio of 25.43, a P/E/G ratio of 0.59 and a beta of 1.35. The firm has a fifty day simple moving average of $10.69 and a 200-day simple moving average of $11.69.

Institutional Investors Weigh In On Canada Goose

Large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets grew its stake in Canada Goose by 193.8% in the third quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company's stock valued at $40,000 after acquiring an additional 2,087 shares during the period. Olympiad Research LP acquired a new stake in Canada Goose in the 3rd quarter valued at $175,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Canada Goose by 17.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company's stock valued at $177,000 after purchasing an additional 2,002 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in Canada Goose during the third quarter worth $189,000. Finally, MML Investors Services LLC acquired a new position in Canada Goose during the third quarter worth $200,000. 83.64% of the stock is currently owned by institutional investors and hedge funds.

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