Analysts Set Aritzia Inc. (TSE:ATZ) PT at C$183.13

Shares of Aritzia Inc. (TSE:ATZ) have been given a consensus recommendation of “Moderate Buy” by the fifteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$183.13.

Several research firms have recently weighed in on ATZ. Canadian Imperial Bank of Commerce increased their price target on Aritzia from C$155.00 to C$171.00 in a research note on Sunday, May 10th. Raymond James Financial boosted their price objective on Aritzia from C$155.00 to C$200.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. UBS Group upped their price objective on shares of Aritzia from C$189.00 to C$204.00 and gave the company a “buy” rating in a report on Friday, June 26th. BMO Capital Markets increased their target price on shares of Aritzia from C$188.00 to C$196.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Finally, Canaccord Genuity Group lifted their target price on shares of Aritzia from C$182.00 to C$193.00 and gave the stock a “buy” rating in a research note on Friday, July 10th.

Aritzia Price Performance

Shares of TSE ATZ opened at C$132.88 on Tuesday. The stock has a fifty day simple moving average of C$152.87 and a two-hundred day simple moving average of C$133.79. Aritzia has a 1-year low of C$70.70 and a 1-year high of C$174.52. The firm has a market cap of C$15.23 billion, a price-to-earnings ratio of 34.69, a price-to-earnings-growth ratio of 1.19 and a beta of 2.03. The company has a current ratio of 1.39, a quick ratio of 0.19 and a debt-to-equity ratio of 76.35.

Aritzia (TSE:ATZ) last issued its earnings results on Thursday, July 9th. The company reported C$0.96 earnings per share (EPS) for the quarter. Aritzia had a return on equity of 34.33% and a net margin of 11.45%.The firm had revenue of C$951.01 million for the quarter. Analysts anticipate that Aritzia will post 1.7771148 earnings per share for the current year.

Aritzia Company Profile

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.