Yesterday, an analyst has provided a rating update for the Consumer Goods sector company, Canada Goose Holdings Inc (TSX: GOOS). The company received a Buy rating from CIBC’s analyst Mark Petrie.
Petrie has an average return of 85.8% when recommending Canada Goose Holdings Inc.
According to TipRanks.com, Petrie is ranked #301 out of 4850 analysts.
Read also: Weight Watchers (WTW) Runs Downhill, But this Analyst Thinks Now Is the Time to Buy the Stock
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canada Goose Holdings Inc with a C$86.80 average price target, implying a 20.4% upside from current levels. In a report issued on August 6, Canaccord Genuity also maintained a Buy rating on the stock with a C$90 price target.
.
Canada Goose Holdings Inc’s market cap is currently C$7.63B and has a P/E ratio of 77.4. The company has a Price to Book ratio of 31.34.
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.
The company’s shares closed on Friday at C$72.08.
