Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS) Upgraded to “Outperform” by Robert W. Baird

Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS) was upgraded by stock analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday. The firm currently has a $31.00 price target on the stock. Robert W. Baird’s price target indicates a potential downside of 2.49% from the stock’s current price.

A number of other equities analysts have also weighed in on the company. Zacks Investment Research lowered Canada Goose Holdings Inc. Subordinate Voting Shares from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Canaccord Genuity reissued a “buy” rating on shares of Canada Goose Holdings Inc. Subordinate Voting Shares in a research note on Wednesday, November 8th. Bank of America raised Canada Goose Holdings Inc. Subordinate Voting Shares to a “buy” rating and set a $39.00 price target on the stock in a research note on Monday, November 27th. ValuEngine raised Canada Goose Holdings Inc. Subordinate Voting Shares from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Barclays upped their price target on Canada Goose Holdings Inc. Subordinate Voting Shares from $24.00 to $27.00 and gave the company an “overweight” rating in a research note on Tuesday, November 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $30.23.

Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS) traded down $6.33 during midday trading on Thursday, reaching $31.79. The company’s stock had a trading volume of 8,841,908 shares, compared to its average volume of 1,486,306. The firm has a market capitalization of $1,380.00 and a price-to-earnings ratio of 81.51. The company has a debt-to-equity ratio of 1.43, a current ratio of 4.01 and a quick ratio of 1.82. Canada Goose Holdings Inc. Subordinate Voting Shares has a one year low of $15.20 and a one year high of $38.25.

Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.07. equities research analysts predict that Canada Goose Holdings Inc. Subordinate Voting Shares will post 0.46 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Granite Point Capital Management L.P. lifted its stake in shares of Canada Goose Holdings Inc. Subordinate Voting Shares by 23.5% in the 4th quarter. Granite Point Capital Management L.P. now owns 216,200 shares of the company’s stock valued at $6,823,000 after purchasing an additional 41,200 shares during the last quarter. Sigma Planning Corp purchased a new stake in shares of Canada Goose Holdings Inc. Subordinate Voting Shares in the 4th quarter valued at $625,000. Swiss National Bank purchased a new stake in shares of Canada Goose Holdings Inc. Subordinate Voting Shares in the 4th quarter valued at $1,944,000. Stephens Investment Management Group LLC purchased a new stake in shares of Canada Goose Holdings Inc. Subordinate Voting Shares in the 4th quarter valued at $6,863,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of Canada Goose Holdings Inc. Subordinate Voting Shares in the 4th quarter valued at $501,000. 26.27% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS)

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