Brokerages Set Aritzia Inc. (TSE:ATZ) PT at C$137.42

Aritzia Inc. (TSE:ATZ) has received a consensus rating of “Buy” from the eleven ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$137.42.

Several analysts have recently commented on the company. Canaccord Genuity Group increased their price objective on Aritzia from C$135.00 to C$164.00 and gave the company a “buy” rating in a report on Friday, January 9th. CIBC boosted their price target on Aritzia from C$132.00 to C$148.00 in a research note on Friday, January 9th. Royal Bank Of Canada lifted their target price on shares of Aritzia from C$116.00 to C$150.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th. Desjardins boosted their target price on shares of Aritzia from C$125.00 to C$133.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Stifel Nicolaus raised their price target on shares of Aritzia from C$132.00 to C$150.00 and gave the stock a “buy” rating in a report on Sunday, January 11th.

Aritzia Stock Performance

Shares of Aritzia stock opened at C$106.95 on Tuesday. The company has a market capitalization of C$12.38 billion, a PE ratio of 36.50, a P/E/G ratio of 1.19 and a beta of 2.01. The company has a 50-day simple moving average of C$117.14 and a two-hundred day simple moving average of C$95.80. Aritzia has a one year low of C$36.51 and a one year high of C$139.59. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29.

Aritzia (TSE:ATZ) last issued its quarterly earnings data on Thursday, January 8th. The company reported C$1.10 earnings per share (EPS) for the quarter. Aritzia had a net margin of 5.24% and a return on equity of 15.24%. The firm had revenue of C$1.04 billion for the quarter. Research analysts expect that Aritzia will post 1.7771148 EPS for the current fiscal year.

About Aritzia

Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories. Its geographical segments include Canada and the United States. The company generates the majority of revenue from Retail, followed by eCommerce.