Brokerages Set Canada Goose Holdings Inc (GOOS) Price Target at $94.11

Canada Goose Holdings Inc (TSE:GOOS) has earned a consensus recommendation of “Buy” from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$94.11.

Several brokerages have commented on GOOS. Susquehanna Bancshares restated a “positive” rating and set a C$98.00 price objective on shares of Canada Goose in a research report on Monday, December 10th. TD Securities upgraded shares of Canada Goose from a “hold” rating to a “buy” rating and lowered their price target for the stock from C$93.00 to C$84.00 in a report on Thursday, January 3rd. CIBC upped their price target on shares of Canada Goose from C$95.00 to C$104.00 in a report on Thursday, November 15th. Royal Bank of Canada upped their price target on shares of Canada Goose from C$80.00 to C$100.00 and gave the stock an “outperform” rating in a report on Thursday, November 15th. Finally, Wells Fargo & Co downgraded shares of Canada Goose from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from C$80.00 to C$68.00 in a report on Thursday.

Shares of GOOS opened at C$64.97 on Thursday. Canada Goose has a one year low of C$35.88 and a one year high of C$95.58. The company has a debt-to-equity ratio of 93.72, a quick ratio of 1.46 and a current ratio of 3.91.

In related news, insider John Moran sold 14,815 shares of the stock in a transaction on Thursday, November 1st. The stock was sold at an average price of C$70.74, for a total value of C$1,048,013.10. Also, insider Carrie Baker sold 20,000 shares of the stock in a transaction on Monday, December 10th. The shares were sold at an average price of C$78.00, for a total value of C$1,560,000.00. Insiders have sold 143,393 shares of company stock valued at $11,630,260 over the last quarter.

About Canada Goose

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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Analyst Recommendations for Canada Goose (TSE:GOOS)

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