Canada Goose (GOOS) Stock Price Down 16.1%
Shares of Canada Goose Holdings Inc (TSE:GOOS) traded down 16.1% during mid-day trading on Thursday . The stock traded as low as C$39.05 and last traded at C$40.15. 1,811,625 shares changed hands during mid-day trading, an increase of 422% from the average session volume of 347,043 shares. The stock had previously closed at C$47.83.
Several analysts have issued reports on the stock. Cowen raised their price target on shares of Canada Goose from C$37.00 to C$46.00 in a research report on Friday. TD Securities raised their price target on shares of Canada Goose from C$32.00 to C$46.00 and gave the stock a “hold” rating in a research report on Wednesday. Canaccord Genuity raised their price target on shares of Canada Goose from C$36.00 to C$50.00 and gave the stock a “buy” rating in a research report on Tuesday. Barclays raised their price target on shares of Canada Goose from C$36.00 to C$49.00 in a research report on Monday, February 5th. Finally, Instinet raised their price target on shares of Canada Goose from C$28.00 to C$34.00 in a research report on Wednesday, January 17th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Canada Goose currently has a consensus rating of “Buy” and a consensus target price of C$37.00.
The firm has a market capitalization of $4,110.00 and a price-to-earnings ratio of 127.73.
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About Canada Goose
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.
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