| NEW YORK, March 19
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.
(Reporting by Lawrence Delevingne; Editing by Sandra Maler)