Canada Goose (TSE:GOOS) Price Target Cut to C$65.00 by Analysts at Cfra

Canada Goose (TSE:GOOS) had its target price decreased by Cfra from C$70.00 to C$65.00 in a research note issued to investors on Wednesday morning.

Separately, DA Davidson lowered shares of Canada Goose from a buy rating to a neutral rating and decreased their target price for the company from C$48.00 to C$42.00 in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of C$71.58.

GOOS stock traded up C$1.18 during mid-day trading on Wednesday, hitting C$47.31. The stock had a trading volume of 1,145,916 shares, compared to its average volume of 510,012. The company has a current ratio of 3.38, a quick ratio of 0.47 and a debt-to-equity ratio of 155.30. Canada Goose has a 52 week low of C$42.38 and a 52 week high of C$94.35. The firm has a market capitalization of $5.55 billion and a P/E ratio of 40.23. The firm has a fifty day simple moving average of C$52.84 and a 200 day simple moving average of C$55.34.

In related news, Senior Officer Ana Mihaljevic sold 2,500 shares of Canada Goose stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of C$55.25, for a total transaction of C$138,125.00. Following the sale, the insider now directly owns 15,556 shares of the company’s stock, valued at approximately C$859,469.

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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