In a latest note to investors, a research analyst has provided a rating update for the Consumer Goods sector company, Canada Goose Holdings Inc (TSX: GOOS). Jonathan Komp, an analyst with Robert W. Baird, has downgraded their rating on GOOS to Hold yesterday , with a C$80 price target.
According to TipRanks.com, Komp is a 5-star analyst with an average return of 19.5% and a 73.3% success rate. Komp covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Wolverine World Wide, and Columbia Sportswear.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canada Goose Holdings Inc with a C$85.80 average price target.
Based on Canada Goose Holdings Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of C$8.09 million. In comparison, last year the company had a GAAP net loss of C$12.09 million.
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 Wednesday at C$74.14.
