Aritzia (TSE:ATZ) Price Target Raised to C$188.00

Aritzia (TSE:ATZ) had its target price raised by National Bank Financial from C$182.00 to C$188.00 in a research report released on Thursday morning,BayStreet reports. They currently have an outperform rating on the stock.

ATZ has been the subject of a number of other research reports. Raymond James Financial set a C$175.00 target price on shares of Aritzia and gave the stock an “outperform” rating in a report on Monday, October 12th. Ventum Financial increased their price target on Aritzia from C$180.00 to C$186.00 and gave the company a “neutral” rating in a research note on Friday, July 10th. Royal Bank Of Canada increased their price target on Aritzia from C$195.00 to C$207.00 and gave the company an “outperform” rating in a research note on Wednesday. TD raised their price target on Aritzia from C$175.00 to C$190.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Canaccord Genuity Group lifted their price objective on Aritzia from C$194.00 to C$197.00 and gave the stock a “buy” rating in a research note on Wednesday. One 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 stock presently has an average rating of “Moderate Buy” and a consensus price target of C$181.00.

Aritzia Stock Performance

Aritzia stock opened at C$155.50 on Thursday. 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 1 year low of C$92.30 and a 1 year high of C$174.52. The company has a market cap of C$17.61 billion, a PE ratio of 31.35, a PEG ratio of 1.19 and a beta of 2.18. The company’s 50-day moving average is C$133.28 and its two-hundred day moving average is C$134.31.

Aritzia (TSE:ATZ) last issued its quarterly earnings results on Thursday, October 8th. The company reported C$1.31 EPS for the quarter. The company had revenue of C$1.17 billion during the quarter. Aritzia had a net margin of 13.62% and a return on equity of 42.25%. Equities analysts anticipate that Aritzia will post 1.78 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.