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Tags: Canada | Goose | Shares | Stock Price | Barrons

Barron's: Canada Goose Shares Could Fall

Barron's: Canada Goose Shares Could Fall
Canada Goose banner hangs at New York Stock Exchange on Thursday. (AP Photo/Mark Lennihan)

Sunday, 19 March 2017 04:40 PM EDT

The stock of cold-weather apparel company Canada Goose Holdings Inc. looks over-valued, Barron's said in an article on Sunday.

The company, which recently went public, suffers from what the business and investing publication called "fashion risk."

"The nature of faddish fashions -- and Canada Goose -- is that the coats' cachet isn't likely to last," Barron's wrote. "The company might have a strong 2017, but its stock discounts many years of success -- and not much risk."

The article did not specify a price target. The stock now trades around $17 a share.

A request for comment emailed to Canada Goose on Sunday was not immediately returned.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
The stock of cold-weather apparel company Canada Goose Holdings Inc. looks over-valued, Barron's said in an article on Sunday.The company, which recently went public, suffers from what the business and investing publication called "fashion risk.""The nature of faddish...
Canada, Goose, Shares, Stock Price, Barrons
107
2017-40-19
Sunday, 19 March 2017 04:40 PM
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