In a new note to investors today, an analyst has provided a rating update for Canada Goose Holdings Inc (GOOS). Analyst Sam Poser from Susquehanna reiterated a Buy rating, with a C$98 price target.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 7.0% and a 56.9% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
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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$90.17 average price target, implying a 31.7% upside from current levels. In a report issued on February 1, Barclays also reiterated a Buy rating on the stock with a C$94 price target.
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Based on Canada Goose Holdings Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$49.9 million. In comparison, last year the company had a net profit of C$62.93 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 Thursday at C$68.46.
