Aritzia (TSE:ATZ – Get Free Report) had its price target lifted by research analysts at TD from C$175.00 to C$190.00 in a research report issued to clients and investors on Wednesday, BayStreet reports. The brokerage presently has a “buy” rating on the stock. TD‘s target price would indicate a potential upside of 23.92% from the company’s current price.
A number of other brokerages have also weighed in on ATZ. Desjardins set a C$180.00 target price on Aritzia and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Ventum Financial lifted their price target on Aritzia from C$180.00 to C$186.00 and gave the company a “neutral” rating in a research report on Friday, July 10th. Raymond James Financial set a C$175.00 price objective on Aritzia and gave the stock an “outperform” rating in a report on Monday, October 12th. Royal Bank Of Canada upped their price objective on shares of Aritzia from C$195.00 to C$207.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, BMO Capital Markets lowered their target price on shares of Aritzia from C$196.00 to C$191.00 and set an “outperform” rating on the stock in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$180.24.
Get Our Latest Stock Report on Aritzia
Aritzia Price Performance
Shares of ATZ stock traded down C$2.06 during trading hours on Wednesday, reaching C$153.32. The stock had a trading volume of 437,850 shares, compared to its average volume of 706,915. The stock’s fifty day simple moving average is C$132.08 and its 200 day simple moving average is C$133.95. The company has a current ratio of 1.31, a quick ratio of 0.19 and a debt-to-equity ratio of 79.21. Aritzia has a 12 month low of C$92.30 and a 12 month high of C$174.52. The firm has a market capitalization of C$17.36 billion, a PE ratio of 30.91, a PEG ratio of 1.19 and a beta of 2.18.
Aritzia (TSE:ATZ – Get Free Report) last issued its quarterly earnings data on Thursday, October 8th. The company reported C$1.31 earnings per share (EPS) for the quarter. The company had revenue of C$1.17 billion for the quarter. Aritzia had a return on equity of 42.25% and a net margin of 13.62%. On average, equities research analysts predict that Aritzia will post 1.78 EPS 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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