Evercore Increases Canada Goose (NYSE:GOOS) Price Target to $13.00

Canada Goose (NYSE:GOOS - Get Free Report) had its price target hoisted by stock analysts at Evercore from $12.00 to $13.00 in a research note issued to investors on Friday, BayStreet.CA reports. The firm currently has an "in-line" rating on the stock. Evercore's price target suggests a potential downside of 2.15% from the stock's current price.

Several other analysts have also recently issued reports on the company. The Goldman Sachs Group raised their target price on Canada Goose from $11.00 to $12.50 and gave the stock a "neutral" rating in a research note on Friday. Barclays increased their price target on shares of Canada Goose from $11.00 to $13.00 and gave the stock an "equal weight" rating in a research note on Friday, February 2nd. Finally, Evercore ISI boosted their price target on Canada Goose from $12.00 to $13.00 and gave the stock an "in-line" rating in a research report on Friday. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Canada Goose currently has an average rating of "Hold" and a consensus price target of $14.47.

Canada Goose Stock Performance

Shares of GOOS stock traded up $0.10 on Friday, hitting $13.29. 2,057,905 shares of the stock were exchanged, compared to its average volume of 1,183,645. Canada Goose has a one year low of $9.80 and a one year high of $22.65. The firm's 50 day moving average is $11.69 and its two-hundred day moving average is $11.82. The company has a current ratio of 1.87, a quick ratio of 0.81 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $1.29 billion, a PE ratio of 43.07, a P/E/G ratio of 1.18 and a beta of 1.46.

Institutional Investors Weigh In On Canada Goose

Several large investors have recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in Canada Goose during the fourth quarter valued at $124,000. Commonwealth Equity Services LLC bought a new position in Canada Goose in the third quarter worth approximately $160,000. Total Clarity Wealth Management Inc. purchased a new position in shares of Canada Goose during the 4th quarter worth $198,000. Claro Advisors LLC purchased a new position in shares of Canada Goose during the 1st quarter worth $210,000. Finally, GAM Holding AG bought a new stake in shares of Canada Goose during the 4th quarter valued at $213,000. 83.64% of the stock is currently owned by institutional investors.

About Canada Goose

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.