Aritzia (TSE:ATZ – Free Report) had its price objective hoisted by Canaccord Genuity Group from C$194.00 to C$197.00 in a report issued on Wednesday,BayStreet reports. They currently have a buy rating on the stock.
Several other brokerages have also recently issued reports on ATZ. Desjardins set a C$180.00 price target on shares of Aritzia and gave the company a “buy” rating in a research report on Tuesday, October 6th. Scotiabank increased their price target on shares of Aritzia from C$175.00 to C$185.00 and gave the stock a “sector outperform” rating in a research note on Wednesday. TD lowered their price objective on shares of Aritzia from C$200.00 to C$175.00 and set a “buy” rating for the company in a report on Friday, October 9th. Jefferies Financial Group cut Aritzia from a “buy” rating to a “hold” rating and set a C$160.00 price objective on the stock. in a research report on Tuesday, October 13th. Finally, Raymond James Financial set a C$175.00 price objective on Aritzia and gave the company an “outperform” rating in a research report on Monday, October 12th. One investment 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 stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$181.00.
View Our Latest Research Report on Aritzia
Aritzia Stock Down 0.9%
Shares of Aritzia stock opened at C$155.50 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.19 and a debt-to-equity ratio of 79.21. The company’s fifty day simple moving average is C$133.28 and its two-hundred day simple moving average is C$134.31. The company has a market cap of C$17.61 billion, a P/E ratio of 31.35, a PEG ratio of 1.19 and a beta of 2.18. Aritzia has a 12-month low of C$92.30 and a 12-month high of C$174.52.
Aritzia (TSE:ATZ – Get Free Report) last issued its quarterly earnings data on Thursday, October 8th. The company reported C$1.31 EPS for the quarter. Aritzia had a net margin of 13.62% and a return on equity of 42.25%. The business had revenue of C$1.17 billion during the quarter. Research analysts anticipate 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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