Canada Goose Holdings (TSE:GOOS) hit a new 52-week high on Monday . The company traded as high as C$53.07 and last traded at C$52.78, with a volume of 185026 shares trading hands. The stock had previously closed at C$52.32.
GOOS has been the subject of a number of research reports. Canaccord Genuity boosted their price objective on Canada Goose from C$36.00 to C$50.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. Barclays boosted their price objective on Canada Goose from C$49.00 to C$50.00 in a research note on Sunday, February 11th. TD Securities boosted their price objective on Canada Goose from C$32.00 to C$46.00 and gave the company a “hold” rating in a research note on Wednesday, February 7th. CSFB reiterated an “outperform” rating and issued a C$52.00 price objective on shares of Canada Goose in a research note on Tuesday, March 13th. Finally, Cowen boosted their price objective on Canada Goose from C$37.00 to C$46.00 in a research note on Friday, February 9th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of C$42.30.
In other news, insider Spencer Orr sold 31,955 shares of the business’s stock in a transaction that occurred on Tuesday, May 8th. The stock was sold at an average price of C$49.11, for a total value of C$1,569,310.05. Also, insider John Black sold 60,000 shares of the business’s stock in a transaction that occurred on Thursday, May 3rd. The shares were sold at an average price of C$47.48, for a total value of C$2,848,800.00. In the last three months, insiders sold 146,044 shares of company stock worth $6,819,268.
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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