Canada Goose (NYSE:GOOS) Price Target Lowered to $8.00 at The Goldman Sachs Group

Canada Goose (NYSE:GOOS) had its target price trimmed by The Goldman Sachs Group from $9.00 to $8.00 in a research report released on Tuesday,Benzinga reports. The brokerage currently has a sell rating on the stock.

GOOS has been the topic of several other research reports. UBS Group lowered their target price on Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underweight” rating in a report on Monday, October 14th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.60.

Canada Goose Trading Up 0.9 %

Shares of GOOS stock opened at $10.01 on Tuesday. The business’s fifty day moving average price is $10.22 and its 200 day moving average price is $11.37. Canada Goose has a 1-year low of $9.23 and a 1-year high of $14.75. The firm has a market capitalization of $968.38 million, a PE ratio of 27.04, a P/E/G ratio of 0.58 and a beta of 1.34. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.85 and a quick ratio of 0.71.

Institutional Trading of Canada Goose

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Canada Goose by 17.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company’s stock valued at $177,000 after acquiring an additional 2,002 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of 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 in the last quarter. Pinnacle Associates Ltd. lifted its position in shares of Canada Goose by 0.6% in the third quarter. Pinnacle Associates Ltd. now owns 602,341 shares of the company’s stock valued at $7,138,000 after acquiring an additional 3,338 shares in the last quarter. Toronto Dominion Bank lifted its position in shares of Canada Goose by 28.3% in the third quarter. Toronto Dominion Bank now owns 31,430 shares of the company’s stock valued at $394,000 after acquiring an additional 6,930 shares in the last quarter. Finally, GAM Holding AG lifted its position in shares of Canada Goose by 50.9% in the second quarter. GAM Holding AG now owns 25,000 shares of the company’s stock valued at $323,000 after acquiring an additional 8,430 shares in the last quarter. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

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