Canada Goose Holdings Inc. (TSE:GOOS) Receives Average Rating of "Hold" from Brokerages

Canada Goose Holdings Inc. (TSE:GOOS - Get Free Report) has been given an average recommendation of "Hold" by the six research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$16.57.

GOOS has been the subject of several research analyst reports. Wells Fargo & Company downgraded shares of Canada Goose from an "equal weight" rating to an "underperform" rating and reduced their target price for the stock from C$16.00 to C$12.00 in a report on Tuesday, October 15th. Bank of America reduced their target price on shares of Canada Goose from C$14.00 to C$13.00 in a report on Monday, November 11th.

Canada Goose Stock Performance

Shares of GOOS traded up C$0.07 during midday trading on Thursday, reaching C$13.43. The stock had a trading volume of 342,155 shares, compared to its average volume of 289,044. The firm has a 50 day simple moving average of C$14.43 and a 200-day simple moving average of C$15.83. Canada Goose has a one year low of C$12.88 and a one year high of C$20.09. The firm has a market cap of C$614.15 million, a PE ratio of 24.42, a P/E/G ratio of 0.61 and a beta of 1.29. The company has a current ratio of 2.14, a quick ratio of 0.69 and a debt-to-equity ratio of 232.50.

About Canada Goose

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.