Canada Goose Holdings Inc (GOOS) Gets a Buy Rating from Barclays

By Jason Carr

In a report issued on August 10, Jim Durran from Barclays maintained a Buy rating on Canada Goose Holdings Inc (NYSE: GOOS), with a price target of $72. The company’s shares closed on Friday at $55.06.

Durran has an average return of 85.4% when recommending Canada Goose Holdings Inc.

According to TipRanks.com, Durran is ranked #445 out of 4848 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Canada Goose Holdings Inc with a $79.25 average price target.

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Based on Canada Goose Holdings Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $14.48 million. In comparison, last year the company had a GAAP net loss of $8.99 million.

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Canada Goose Holdings, Inc. designs, manufactures, distributes and retails outerwear for men, women and children. It operates through the Wholesale and Direct to Consumer segments.