Canada Goose (TSE:GOOS) Downgraded by Raymond James to Market Perform

Raymond James lowered shares of Canada Goose (TSE:GOOS) from an outperform rating to a market perform rating in a report released on Tuesday morning, BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the company. CIBC raised their price objective on Canada Goose from C$20.00 to C$21.00 and gave the company a neutral rating in a research note on Friday, May 17th. Wells Fargo & Company lifted their target price on Canada Goose from C$16.00 to C$19.00 and gave the company an equal weight rating in a research report on Friday, May 17th. Finally, Wedbush set a C$21.00 target price on Canada Goose and gave the company an outperform rating in a research report on Friday, July 19th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Canada Goose presently has an average rating of Hold and an average price target of C$19.83.

Canada Goose Trading Up 1.7 %

Shares of Canada Goose stock opened at C$15.75 on Tuesday. The company has a debt-to-equity ratio of 171.99, a quick ratio of 0.69 and a current ratio of 2.39. Canada Goose has a 52 week low of C$13.61 and a 52 week high of C$24.54. The stock has a 50 day moving average price of C$17.99 and a two-hundred day moving average price of C$16.95. The stock has a market capitalization of C$717.26 million, a PE ratio of 27.61, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.

Canada Goose Company Profile

Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.