On Nov 08, major Wall Street analysts update their ratings for $Canada Goose (GOOS.US)$, with price targets ranging from $7.87 to $11.
Barclays analyst Adrienne Yih maintains with a hold rating, and adjusts the target price from $12 to $11.
Wells Fargo analyst Ike Boruchow maintains with a sell rating, and adjusts the target price from $8.59 to $7.87.
TD Cowen analyst Oliver Chen maintains with a hold rating, and adjusts the target price from $13 to $11.
Baird analyst Jonathan Komp maintains with a hold rating, and adjusts the target price from $18 to $10.02.
Furthermore, according to the comprehensive report, the opinions of $Canada Goose (GOOS.US)$'s main analysts recently are as follows:
Post the fiscal Q2 report, there is an anticipation that the company may experience variability during the second half of fiscal 2025, following the adjustment of the full-year guidance amidst a challenging economic environment. To meet its projections, a substantial increase in comparable sales would be essential, especially after witnessing two quarters of negative comparable sales along with downturns in traffic and conversion rates.
The sentiment around Canada Goose suggests ongoing difficulties, with underwhelming performance at direct-to-consumer channels and the company's reduced forecasts for the full year.
The firm has maintained its stance on Canada Goose, noting that the latest Q2 earnings surpassed consensus due to favorable tax effects, with revenue compensating for a deficit in margin.
Here are the latest investment ratings and price targets for $Canada Goose (GOOS.US)$ from 4 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
