Aritzia (TSE:ATZ – Get Free Report) has been given a C$160.00 target price by equities researchers at Ventum Capital in a report released on Wednesday, BayStreet reports. The firm currently has a “neutral” rating on the stock. Ventum Capital’s price target points to a potential upside of 3.71% from the stock’s current price.
ATZ has been the topic of several other reports. National Bank Financial upped their price objective on shares of Aritzia from C$171.00 to C$175.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Scotiabank set a C$175.00 price objective on shares of Aritzia and gave the stock a “sector outperform” rating in a research note on Friday, October 16th. Stifel Nicolaus raised their target price on shares of Aritzia from C$180.00 to C$190.00 and gave the stock a “buy” rating in a report on Friday, July 10th. BMO Capital Markets reduced their target price on shares of Aritzia from C$196.00 to C$191.00 and set an “outperform” rating for the company in a report on Thursday, October 8th. Finally, Ventum Financial boosted their target price on shares of Aritzia from C$180.00 to C$186.00 and gave the company a “neutral” rating in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$177.53.
Get Our Latest Stock Report on Aritzia
Aritzia Stock Performance
TSE ATZ traded up C$1.67 during trading hours on Wednesday, reaching C$154.27. The stock had a trading volume of 381,207 shares, compared to its average volume of 702,367. The stock has a fifty day moving average of C$130.36 and a 200 day moving average of C$140.20. The stock has a market cap of C$17.47 billion, a P/E ratio of 31.10, a price-to-earnings-growth ratio of 1.19 and a beta of 2.18. Aritzia has a 52-week low of C$89.46 and a 52-week high of C$174.52. The company has a debt-to-equity ratio of 79.21, a quick ratio of 0.19 and a current ratio of 1.31.
Aritzia (TSE:ATZ – Get Free Report) last issued its quarterly earnings results on Thursday, October 8th. The company reported C$1.31 earnings per share for the quarter. Aritzia had a net margin of 13.62% and a return on equity of 42.25%. The company had revenue of C$1.17 billion for the quarter. Sell-side analysts predict that Aritzia will post 1.78 earnings per share for the current 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.
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