Canada Goose (GOOS) Price Target Increased to C$91.00 by Analysts at Canaccord Genuity

Canada Goose (TSE:GOOS) had its price target lifted by equities researchers at Canaccord Genuity from C$90.00 to C$91.00 in a report released on Friday. Canaccord Genuity’s price objective would suggest a potential upside of 25.55% from the company’s current price.

A number of other brokerages have also recently commented on GOOS. Royal Bank of Canada increased their price target on shares of Canada Goose from C$48.00 to C$92.00 and gave the company an “outperform” rating in a research report on Tuesday, June 19th. CIBC increased their price target on shares of Canada Goose from C$48.00 to C$92.00 in a research report on Monday, June 18th. CSFB increased their price target on shares of Canada Goose from C$52.00 to C$88.00 in a research report on Monday, June 18th. TD Securities increased their price target on shares of Canada Goose from C$52.00 to C$90.00 and gave the company a “hold” rating in a research report on Monday, June 18th. Finally, Cowen increased their price target on shares of Canada Goose from C$46.00 to C$63.00 in a research report on Monday, June 18th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Canada Goose has a consensus rating of “Buy” and an average target price of C$71.20.

TSE GOOS traded up C$2.05 on Friday, reaching C$72.48. 353,173 shares of the company’s stock traded hands, compared to its average volume of 309,443. Canada Goose has a 12 month low of C$21.33 and a 12 month high of C$91.50.

In other news, insider Dani Reiss sold 1,500,000 shares of the stock in a transaction that occurred on Tuesday, June 26th. The stock was sold at an average price of C$62.42, for a total transaction of C$93,630,000.00. Also, insider John Moran sold 15,556 shares of the stock in a transaction that occurred on Thursday, June 14th. The shares were sold at an average price of C$59.45, for a total value of C$924,804.20. In the last three months, insiders have sold 1,524,689 shares of company stock valued at $94,988,165.

About Canada Goose

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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Analyst Recommendations for Canada Goose (TSE:GOOS)

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