On Nov 09, major Wall Street analysts update their ratings for $Canada Goose (GOOS.US)$, with price targets ranging from $7.9 to $13.
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 $7.9.
Evercore analyst Michael Binetti maintains with a hold rating, and maintains the target price at $13.
TD Cowen analyst Oliver Chen maintains with a hold rating, and maintains the target price at $11.
Baird analyst Jonathan Komp maintains with a hold rating, and adjusts the target price from $18 to $10.06.
Furthermore, according to the comprehensive report, the opinions of $Canada Goose (GOOS.US)$'s main analysts recently are as follows:
Following the fiscal Q2 report, it is expected that there will be variability in the company's performance during the second half of fiscal 2025. To achieve its forecast, the company will need a significant improvement in comparable sales in the latter half, after experiencing two quarters of negative comparable sales along with reduced traffic and conversion rates.
The firm noted that Canada Goose exceeded expectations in its quarterly performance, with particularly strong sales in the wholesale and other segments, despite the second quarter generally being a less significant period.
The sentiment on Canada Goose is cautious, with the narrative continuing to be difficult, influenced by subdued trends in Direct-to-Consumer sales and the company's revised downward forecasts for the full year.
The firm maintains its stance, noting that while Q2 EPS surpassed consensus, reflecting a favorable tax impact, this was balanced by revenue which compensated for a margin deficit.
Here are the latest investment ratings and price targets for $Canada Goose (GOOS.US)$ from 5 analysts:
Note:
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