HSBC Cuts Canada Goose (TSE:GOOS) Price Target to C$55.00

Canada Goose (TSE:GOOS) had its price target cut by HSBC from C$62.00 to C$55.00 in a report published on Monday, June 3rd, Stock Target Advisor reports. They currently have a buy rating on the stock.

Several other analysts also recently commented on GOOS. CIBC reduced their price target on shares of Canada Goose from C$104.00 to C$95.00 in a research report on Friday, February 15th. Susquehanna Bancshares cut their price objective on shares of Canada Goose from C$98.00 to C$88.00 in a research report on Thursday, May 30th. Royal Bank of Canada cut their price objective on shares of Canada Goose from C$90.00 to C$75.00 and set an outperform rating for the company in a research report on Thursday, May 30th. DA Davidson cut their price objective on shares of Canada Goose from C$74.00 to C$42.00 in a research report on Thursday, May 30th. Finally, CSFB cut their price objective on shares of Canada Goose from C$100.00 to C$76.00 in a research report on Thursday, May 30th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of Buy and an average target price of C$74.64.

Shares of Canada Goose stock traded down C$0.03 during trading hours on Monday, hitting C$47.70. The company had a trading volume of 286,397 shares, compared to its average volume of 556,993. The company’s 50-day moving average price is C$55.73. Canada Goose has a twelve month low of C$42.38 and a twelve month high of C$95.58. The company has a debt-to-equity ratio of 36.41, a quick ratio of 0.83 and a current ratio of 3.03. The firm has a market cap of $5.43 billion and a P/E ratio of 37.27.

Canada Goose Company Profile

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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