Canada Goose (TSE:GOOS) had its price objective lowered by investment analysts at Royal Bank of Canada from C$68.00 to C$53.00 in a research note issued on Friday, Analyst Price Targets reports. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 14.40% from the stock’s current price.
A number of other equities analysts have also weighed in on GOOS. Cowen boosted their price objective on shares of Canada Goose from C$49.00 to C$63.00 and gave the stock a “na” rating in a report on Friday, February 5th. TD Securities boosted their price objective on shares of Canada Goose from C$58.00 to C$64.00 and gave the stock a “buy” rating in a report on Sunday, February 7th. CIBC boosted their target price on shares of Canada Goose from C$56.00 to C$67.00 and gave the company an “outperform” rating in a research note on Friday, February 5th. CSFB boosted their target price on shares of Canada Goose from C$52.00 to C$64.00 in a research note on Friday, February 5th. Finally, BTIG Research upgraded shares of Canada Goose from a “sell” rating to a “neutral” rating in a research note on Friday, February 5th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of C$55.50.
Shares of TSE GOOS opened at C$46.33 on Friday. Canada Goose has a twelve month low of C$26.05 and a twelve month high of C$62.57. The firm has a market cap of C$5.11 billion and a P/E ratio of 73.54. The company has a 50 day moving average of C$51.49 and a 200 day moving average of C$47.69. The company has a quick ratio of 1.82, a current ratio of 2.94 and a debt-to-equity ratio of 107.17.
Canada Goose Holdings Inc designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia, Europe, and internationally. The company operates through three segments, Direct-to-Consumer, Wholesale, and Other. It offers parkas, lightweight down jackets, rainwear, windwear, knitwear, footwear, and accessories for fall, winter, and spring seasons.
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