Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

According to Zacks, “Canada Goose is a global outerwear brand. Canada Goose is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. The Company’s jackets are sold in 36 countries around the world, including in two owned retail stores and four e-commerce stores. “

Other equities research analysts have also issued research reports about the stock. Bank of America raised shares of Canada Goose Holdings Inc. Subordinate Voting Shares to a “buy” rating and set a $39.00 target price for the company in a research note on Monday, November 27th. Robert W. Baird lifted their target price on shares of Canada Goose Holdings Inc. Subordinate Voting Shares from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Friday, November 10th. BidaskClub raised shares of Canada Goose Holdings Inc. Subordinate Voting Shares from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Wells Fargo & Co reissued an “outperform” rating on shares of Canada Goose Holdings Inc. Subordinate Voting Shares in a research note on Tuesday, October 3rd. Finally, Cowen started coverage on shares of Canada Goose Holdings Inc. Subordinate Voting Shares in a report on Friday, November 17th. They set an “outperform” rating and a $29.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $28.08.

Shares of Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE GOOS) traded down $0.17 during trading hours on Friday, hitting $33.43. 1,380,000 shares of the company’s stock were exchanged, compared to its average volume of 790,446. The firm has a market cap of $1,220.00 and a price-to-earnings ratio of 85.72. Canada Goose Holdings Inc. Subordinate Voting Shares has a 52 week low of $15.20 and a 52 week high of $33.96. The company has a quick ratio of 1.82, a current ratio of 4.01 and a debt-to-equity ratio of 1.43.

Several institutional investors have recently added to or reduced their stakes in GOOS. Pacad Investment Ltd. bought a new position in shares of Canada Goose Holdings Inc. Subordinate Voting Shares during the 2nd quarter valued at $346,000. State of Tennessee Treasury Department bought a new position in shares of Canada Goose Holdings Inc. Subordinate Voting Shares during the 2nd quarter valued at $4,224,000. JPMorgan Chase & Co. bought a new position in shares of Canada Goose Holdings Inc. Subordinate Voting Shares during the 2nd quarter valued at $486,000. Franklin Resources Inc. raised its holdings in shares of Canada Goose Holdings Inc. Subordinate Voting Shares by 1.4% during the 2nd quarter. Franklin Resources Inc. now owns 448,900 shares of the company’s stock valued at $8,872,000 after purchasing an additional 6,100 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of Canada Goose Holdings Inc. Subordinate Voting Shares by 1,706.1% during the 2nd quarter. Wells Fargo & Company MN now owns 156,228 shares of the company’s stock valued at $3,085,000 after purchasing an additional 147,578 shares in the last quarter. Institutional investors and hedge funds own 26.34% of the company’s stock.

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About Canada Goose Holdings Inc. Subordinate Voting Shares

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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