Canada Goose (TSE:GOOS) Rating Increased to Buy at TD Securities

TD Securities upgraded shares of Canada Goose (TSE:GOOS) from a hold rating to a buy rating in a report issued on Monday morning,BayStreet.CA reports. The brokerage currently has C$25.00 target price on the stock, up from their prior target price of C$22.00.

Canada Goose Stock Down 1.9%

GOOS stock opened at C$20.24 on Monday. Canada Goose has a fifty-two week low of C$9.54 and a fifty-two week high of C$21.28. The business’s 50-day moving average is C$17.55 and its two-hundred day moving average is C$14.81. The company has a debt-to-equity ratio of 168.00, a quick ratio of 0.69 and a current ratio of 2.01. The company has a market cap of C$1.96 billion, a price-to-earnings ratio of 42.17, a P/E/G ratio of 0.61 and a beta of 2.36.

About Canada Goose

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations.