Canada Goose (GOOS) Sets New 1-Year High at $40.38

Canada Goose Holdings Inc (TSE:GOOS) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$40.38 and last traded at C$39.71, with a volume of 151014 shares. The stock had previously closed at C$39.76.

Several research firms recently issued reports on GOOS. BMO Capital Markets lifted their price objective on Canada Goose from C$33.00 to C$40.00 in a report on Wednesday, December 20th. TD Securities lifted their price objective on Canada Goose from C$30.00 to C$32.00 and gave the stock a “hold” rating in a report on Friday, November 10th. Royal Bank of Canada lifted their price objective on Canada Goose from C$33.00 to C$35.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Barclays lifted their price objective on Canada Goose from C$34.00 to C$36.00 in a report on Monday, November 13th. Finally, CIBC boosted their target price on Canada Goose from C$32.00 to C$35.00 in a report on Monday, November 13th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of C$31.36.

The firm has a market capitalization of $4,200.00 and a PE ratio of 137.33.

In other news, insider Carrie Baker sold 40,650 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of C$34.30, for a total transaction of C$1,394,295.00.

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About Canada Goose

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. 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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