Instinet Boosts Canada Goose (GOOS) Price Target to C$34.00

Canada Goose (TSE:GOOS) had its price target increased by investment analysts at Instinet from C$28.00 to C$34.00 in a research note issued on Wednesday. Instinet’s price objective points to a potential downside of 16.11% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. TD Securities increased their target price on shares of Canada Goose from C$29.00 to C$30.00 in a report on Monday, October 23rd. BMO Capital Markets increased their target price on shares of Canada Goose from C$33.00 to C$40.00 in a report on Wednesday, December 20th. Barclays increased their target price on shares of Canada Goose from C$34.00 to C$36.00 in a report on Monday, November 13th. CIBC increased their target price on shares of Canada Goose from C$32.00 to C$35.00 in a report on Monday, November 13th. Finally, Bank of America increased their target price on shares of Canada Goose from C$33.00 to C$35.00 in a report on Monday, November 13th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$32.27.

Canada Goose (GOOS) traded up C$0.95 during midday trading on Wednesday, reaching C$40.53. 290,614 shares of the company traded hands, compared to its average volume of 295,475. The stock has a market capitalization of $4,340.00 and a PE ratio of 135.10. Canada Goose has a 52-week low of C$20.32 and a 52-week high of C$42.10.

In other news, insider Carrie Baker sold 40,650 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of C$34.30, for a total value of C$1,394,295.00.

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About Canada Goose

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.

Analyst Recommendations for Canada Goose (TSE:GOOS)

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