Barclays Sticks to Its Buy Rating for Canada Goose Holdings Inc

By Carrie Williams

The NA sector company, Canada Goose Holdings Inc (TSX: GOOS), has received a rating update from a Wall Street analyst on June 5. On June 5, analyst Jim Durran gave a Buy rating to GOOS and set a C$30 price target.

According to TipRanks.com, Durran is ranked #1634 out of 4575 analysts.

Currently, the analyst consensus on Canada Goose Holdings Inc is Moderate Buy and the average price target is C$30.67, representing a -2.4% downside.

In a report issued on June 2, Canaccord Genuity also reiterated a Buy rating on the stock with a C$33 price target.

The company has a one year high of C$30.41 and a one year low of C$20.32. Currently, Canada Goose Holdings Inc has an average volume of 307.1K.

Canada Goose Holdings, Inc. engages in the design, manufacture, distribution, and retail of outerwear for men, women, and children. It operates through the Wholesale and Direct to Consumer segments. The Wholesale segment comprises thee sales made to a mix of functional and fashionable retailers, which include major luxury department stores, outdoor speciality stores, and individual shops. The Direct to Consumer segment includes the sales through the country-specific e-commerce platforms and its retail stores. The company was founded in 1957 and is headquartered in Toronto, Canada.

The company’s shares closed last Tuesday at $31.44.