Analysts Set Aritzia Inc. (TSE:ATZ) PT at C$139.67

Aritzia Inc. (TSE:ATZ) has earned a consensus recommendation of “Buy” from the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$139.67.

Several equities research analysts recently commented on ATZ shares. Jefferies Financial Group upped their price target on shares of Aritzia from C$114.00 to C$140.00 in a research report on Tuesday, January 6th. Canadian Imperial Bank of Commerce lifted their price objective on shares of Aritzia from C$132.00 to C$148.00 in a research report on Friday, January 9th. Wells Fargo & Company boosted their target price on shares of Aritzia from C$110.00 to C$120.00 in a research note on Friday, January 9th. TD Securities increased their target price on Aritzia from C$133.00 to C$155.00 and gave the company a “buy” rating in a report on Friday, January 9th. Finally, Stifel Nicolaus raised their target price on Aritzia from C$132.00 to C$150.00 and gave the stock a “buy” rating in a research report on Sunday, January 11th.

Aritzia Price Performance

TSE ATZ opened at C$105.77 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 0.19 and a debt-to-equity ratio of 77.42. Aritzia has a 1 year low of C$36.51 and a 1 year high of C$139.59. The company has a market cap of C$12.25 billion, a PE ratio of 36.10, a PEG ratio of 1.19 and a beta of 2.06. The stock’s 50-day moving average price is C$118.26 and its two-hundred day moving average price is C$106.44.

Aritzia (TSE:ATZ) last announced its earnings results on Thursday, January 8th. The company reported C$1.10 EPS for the quarter. The company had revenue of C$1.04 billion during the quarter. Aritzia had a net margin of 10.18% and a return on equity of 29.12%. On average, analysts predict that Aritzia will post 1.7771148 EPS 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.