Somewhat Favorable News Coverage Somewhat Unlikely to Impact Canada Goose Holdings (GOOS) Stock Price

Headlines about Canada Goose Holdings (NYSE:GOOS) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Canada Goose Holdings earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.1278544469979 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Canada Goose Holdings (GOOS) opened at 19.06 on Tuesday. The firm’s 50-day moving average price is $19.62 and its 200-day moving average price is $18.22. The firm has a market cap of $2.03 billion and a price-to-earnings ratio of 114.82. Canada Goose Holdings has a 12 month low of $15.20 and a 12 month high of $24.32.

A number of research analysts recently issued reports on GOOS shares. Barclays PLC restated an “overweight” rating and set a $19.00 price objective on shares of Canada Goose Holdings in a research report on Tuesday, May 30th. CIBC started coverage on Canada Goose Holdings in a research report on Monday, April 10th. They set a “sector outperform” rating and a $27.00 price objective for the company. Instinet started coverage on Canada Goose Holdings in a research report on Monday, April 10th. They set a “neutral” rating for the company. Credit Suisse Group started coverage on Canada Goose Holdings in a research report on Monday, April 10th. They set an “outperform” rating and a $26.00 price objective for the company. Finally, Wells Fargo & Company restated an “outperform” rating and set a $32.00 price objective on shares of Canada Goose Holdings in a research report on Monday, June 5th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. Canada Goose Holdings presently has an average rating of “Hold” and an average target price of C$25.56.

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