Canada Goose (TSE:GOOS) Downgraded by Raymond James to Market Perform

Raymond James cut shares of Canada Goose (TSE:GOOS) from an outperform rating to a market perform rating in a research note issued to investors on Tuesday, BayStreet.CA reports.

GOOS has been the topic of a number of other research reports. Wedbush set a C$21.00 price objective on Canada Goose and gave the stock an outperform rating in a report on Friday, July 19th. CIBC increased their price objective on Canada Goose from C$20.00 to C$21.00 and gave the stock a neutral rating in a report on Friday, May 17th. Finally, Wells Fargo & Company increased their price objective on Canada Goose from C$16.00 to C$19.00 and gave the stock an equal weight rating in a report on Friday, May 17th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of Hold and an average price target of C$19.83.

Canada Goose Price Performance

Shares of GOOS opened at C$15.75 on Tuesday. The company has a market capitalization of C$717.26 million, a price-to-earnings ratio of 27.61, a P/E/G ratio of 0.61 and a beta of 1.41. Canada Goose has a fifty-two week low of C$13.61 and a fifty-two week high of C$24.54. The company has a debt-to-equity ratio of 171.99, a current ratio of 2.39 and a quick ratio of 0.69. The business’s 50-day moving average is C$17.99 and its 200-day moving average is C$16.95.

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.