Canada Goose Holdings Inc. (GOOS) Rating Increased to Buy at BidaskClub
Canada Goose Holdings Inc. (NYSE:GOOS) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report released on Tuesday.
Several other equities research analysts also recently weighed in on the company. Zacks Investment Research upgraded Canada Goose Holdings from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a report on Monday. Robert W. Baird upped their price target on Canada Goose Holdings from $27.00 to $31.00 and gave the stock a “neutral” rating in a report on Friday. Canaccord Genuity restated a “buy” rating on shares of Canada Goose Holdings in a report on Wednesday, November 8th. Barclays PLC upped their price target on Canada Goose Holdings from $24.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday, November 7th. Finally, Wells Fargo & Company restated an “outperform” rating on shares of Canada Goose Holdings in a report on Tuesday, October 3rd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $27.50.
Shares of Canada Goose Holdings (NYSE GOOS) opened at $24.98 on Tuesday. The company has a quick ratio of 1.82, a current ratio of 4.01 and a debt-to-equity ratio of 1.43. Canada Goose Holdings has a 1-year low of $15.20 and a 1-year high of $26.08.
Several large investors have recently added to or reduced their stakes in GOOS. First Bank & Trust boosted its position in shares of Canada Goose Holdings by 696.2% during the 3rd quarter. First Bank & Trust now owns 5,072 shares of the company’s stock worth $104,000 after acquiring an additional 4,435 shares in the last quarter. Sei Investments Co. acquired a new position in shares of Canada Goose Holdings during the 3rd quarter worth about $107,000. Cubist Systematic Strategies LLC acquired a new position in shares of Canada Goose Holdings during the 2nd quarter worth about $127,000. Forward Management LLC acquired a new position in shares of Canada Goose Holdings during the 2nd quarter worth about $134,000. Finally, Nationwide Fund Advisors boosted its position in shares of Canada Goose Holdings by 2.7% during the 2nd quarter. Nationwide Fund Advisors now owns 8,090 shares of the company’s stock worth $160,000 after acquiring an additional 210 shares in the last quarter. 27.23% of the stock is 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.
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