Brokerages Set Canada Goose Holdings Inc. (NYSE:GOOS) Target Price at $15.17

Shares of Canada Goose Holdings Inc. (NYSE:GOOS) have been assigned an average rating of “Reduce” from the nine research firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $15.1667.

A number of research firms have issued reports on GOOS. Evercore increased their target price on shares of Canada Goose from $11.00 to $12.00 and gave the stock an “in-line” rating in a research report on Friday, November 7th. Barclays lowered Canada Goose from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $12.00 to $10.00 in a report on Friday, February 6th. Wall Street Zen upgraded Canada Goose from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Canada Goose in a research note on Wednesday, January 21st. Finally, Zacks Research cut Canada Goose from a “hold” rating to a “strong sell” rating in a research note on Friday, January 30th.

Institutional Investors Weigh In On Canada Goose

Large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Canada Goose in the fourth quarter worth about $27,000. PenderFund Capital Management Ltd. acquired a new stake in Canada Goose in the 3rd quarter worth approximately $45,000. US Bancorp DE acquired a new stake in Canada Goose in the 3rd quarter worth approximately $83,000. Plato Investment Management Ltd bought a new stake in Canada Goose during the third quarter worth approximately $88,000. Finally, CANADA LIFE ASSURANCE Co grew its holdings in Canada Goose by 30.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 8,035 shares of the company’s stock valued at $105,000 after purchasing an additional 1,893 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors.

Canada Goose Price Performance

Shares of GOOS opened at $12.24 on Monday. The business’s 50-day moving average is $12.78 and its 200-day moving average is $12.99. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.12 and a quick ratio of 1.28. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 94.12 and a beta of 1.78. Canada Goose has a fifty-two week low of $6.73 and a fifty-two week high of $15.43.

About Canada Goose

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.