Canada Goose (GOOS) Hits New 12-Month High Following Analyst Upgrade
Shares of Canada Goose Holdings Inc (TSE:GOOS) reached a new 52-week high during trading on Wednesday after TD Securities raised their price target on the stock from C$32.00 to C$46.00. TD Securities currently has a hold rating on the stock. Canada Goose traded as high as C$47.91 and last traded at C$47.17, with a volume of 306268 shares. The stock had previously closed at C$46.38.
GOOS has been the topic of several other research reports. BMO Capital Markets boosted their price target on Canada Goose from C$33.00 to C$40.00 in a research report on Wednesday, December 20th. Royal Bank of Canada boosted their price target on Canada Goose from C$33.00 to C$35.00 and gave the company an “outperform” rating in a research report on Friday, November 10th. Instinet boosted their price target on Canada Goose from C$28.00 to C$34.00 in a research report on Wednesday, January 17th. Cowen restated an “outperform” rating on shares of Canada Goose in a research report on Friday, November 17th. Finally, Barclays boosted their price target on Canada Goose from C$34.00 to C$36.00 in a research report on Monday, November 13th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$36.18.
In other Canada Goose news, insider Ana Mihaljevic sold 14,444 shares of Canada Goose stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of C$43.96, for a total value of C$634,958.24. Also, insider Carrie Baker sold 40,650 shares of Canada Goose stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of C$34.30, for a total value of C$1,394,295.00.
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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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