Canada Goose Holdings Inc. (NYSE:GOOS)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity in a report released on Wednesday. They presently have a $34.00 price target on the stock.

A number of other research firms also recently weighed in on GOOS. Barclays PLC restated an “overweight” rating and issued a $22.00 price objective (up from $19.00) on shares of Canada Goose Holdings in a report on Monday, June 5th. Bank of America Corporation raised shares of Canada Goose Holdings from a “neutral” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Wednesday, June 28th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $32.00 price target on shares of Canada Goose Holdings in a research report on Monday, June 5th. Zacks Investment Research cut shares of Canada Goose Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. Finally, ValuEngine cut shares of Canada Goose Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, June 3rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. Canada Goose Holdings presently has an average rating of “Hold” and a consensus target price of C$26.73.

Canada Goose Holdings (NYSE GOOS) traded up 2.03% during midday trading on Wednesday, hitting $18.62. The stock had a trading volume of 490,311 shares. Canada Goose Holdings has a 1-year low of $15.20 and a 1-year high of $24.32. The company has a 50-day moving average of $18.63 and a 200-day moving average of $18.24. The stock has a market cap of $1.99 billion and a price-to-earnings ratio of 103.44.

Canada Goose Holdings (NYSE:GOOS) last posted its quarterly earnings data on Thursday, August 10th. The company reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.05. The company had revenue of $28.20 million during the quarter, compared to analyst estimates of $16.50 million. The business’s revenue for the quarter was up 79.6% compared to the same quarter last year. Equities research analysts forecast that Canada Goose Holdings will post $0.44 EPS for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in GOOS. Henderson Group PLC bought a new position in Canada Goose Holdings in the 1st quarter valued at about $958,000. TD Asset Management Inc. bought a new position in Canada Goose Holdings in the 1st quarter valued at about $2,449,000. Ameriprise Financial Inc. bought a new position in Canada Goose Holdings in the 1st quarter valued at about $298,000. Eagle Asset Management Inc. bought a new position in Canada Goose Holdings in the 1st quarter valued at about $4,354,000. Finally, State of Wisconsin Investment Board bought a new position in Canada Goose Holdings in the 1st quarter valued at about $487,000. 26.23% of the stock is currently owned by institutional investors and hedge funds.

About Canada Goose Holdings

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. 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.

Analyst Recommendations for Canada Goose Holdings (NYSE:GOOS)

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