Canada Goose (TSE:GOOS) had its price objective hoisted by Barclays from C$50.00 to C$64.00 in a report published on Thursday. Canaccord Genuity raised their price objective on shares of Canada Goose from $48.00 to $58.00 and gave the stock a "buy" rating in a report on Wednesday, June 6th. Finally, Credit Suisse Group initiated coverage on shares of Canada Goose in a research note on Monday, March 12th. (NYSE:GOOS) has "Buy" rating given on Thursday, February 8 by Cowen & Co. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. 100% are bullish. With $50 highest and $37.0 lowest price target Canada Goose Holdings has $39.33 average price target or -12.95% below the current ($45.18) price. If you're interested in understanding beyond my high-level commentary, read the full report on Canada Goose Holdings here. It was also a boon to GOOS stock by coming in well above Wall Street's losses per share estimate of 7 cents for the period. The company has market cap of $4.93 billion. With its luxury pedigree helping cushion it from the retail industry's struggles, the company started opening its own stores in 2016 and is setting up operations in China and Hong Kong and manufacturing more of its goose-down coats itself. Renaissance Technologies LLC bought a new position in Canada Goose in the 4th quarter worth approximately $6,798,000.
"The experience of shopping in a Canada Goose store is both a walk through our history and an opportunity to discover how we continue to innovate for the future", said Dani Reiss, president and CEO of Canada Goose in a statement. Barclays PLC now owns 3,986 shares of the company's stock worth $133,000 after acquiring an additional 3,286 shares during the period.
Among 8 analysts covering Canada Goose Holdings Inc.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The firm operates in two divisions, Wholesale and Direct to Consumer. The Short Hills and Montréal locations will be the first locations in North America to offer a "cold room" - an immersive experience where fans can test the brand's warmest parkas in temperatures as low as -25 Celsius (-13 Fahrenheit) to find the flawless jacket for the adventure they seek.