TD Securities Boosts Aritzia (TSE:ATZ) Price Target to C$25.00
Aritzia (TSE:ATZ) had its price objective lifted by TD Securities from C$23.00 to C$25.00 in a research report report published on Friday, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.
A number of other brokerages also recently weighed in on ATZ. Royal Bank of Canada increased their price target on Aritzia from C$23.00 to C$24.00 and gave the stock an outperform rating in a report on Friday. CIBC increased their price target on Aritzia from C$22.00 to C$26.00 in a report on Friday. Scotiabank increased their price target on Aritzia from C$21.50 to C$23.50 in a report on Friday. Finally, BMO Capital Markets increased their price target on Aritzia from C$21.00 to C$24.00 in a report on Friday.
Shares of TSE:ATZ opened at C$18.95 on Friday. The firm has a market cap of $2.19 billion and a P/E ratio of 23.40. The company has a quick ratio of 0.82, a current ratio of 1.50 and a debt-to-equity ratio of 176.25. Aritzia has a 12-month low of C$9.20 and a 12-month high of C$26.37. The business has a fifty day simple moving average of C$18.99 and a 200 day simple moving average of C$18.86.
Aritzia Company Profile
Aritzia Inc, together with its subsidiaries, operates as a design house and fashion retailer of women's apparel and accessories. The company designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, leggings, sweatshirts, bodysuits, puffers, jumpsuits, and intimates; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, iPhone cases, and gloves.
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