Aritzia Inc. (TSE:ATZ) Receives C$183.13 Consensus PT from Analysts

Aritzia Inc. (TSE:ATZ) has been assigned a consensus rating of “Moderate Buy” from the fourteen research firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$183.13.

ATZ has been the subject of a number of recent analyst reports. Royal Bank Of Canada lifted their price objective on Aritzia from C$193.00 to C$202.00 and gave the company an “outperform” rating in a research report on Friday, July 10th. Desjardins set a C$175.00 price objective on shares of Aritzia and gave the company a “buy” rating in a research note on Wednesday, July 8th. Ventum Financial increased their price objective on shares of Aritzia from C$180.00 to C$186.00 and gave the stock a “neutral” rating in a report on Friday, July 10th. National Bank Financial raised their target price on shares of Aritzia from C$171.00 to C$175.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Finally, Canaccord Genuity Group boosted their target price on shares of Aritzia from C$182.00 to C$193.00 and gave the company a “buy” rating in a report on Friday, July 10th.

Aritzia Price Performance

Aritzia stock opened at C$122.82 on Wednesday. The stock has a market capitalization of C$14.07 billion, a P/E ratio of 32.07, a P/E/G ratio of 1.19 and a beta of 2.04. Aritzia has a 12-month low of C$79.40 and a 12-month high of C$174.52. The company has a debt-to-equity ratio of 76.35, a current ratio of 1.39 and a quick ratio of 0.19. The firm’s 50-day moving average is C$137.81 and its two-hundred day moving average is C$137.35.

Aritzia (TSE:ATZ) last announced its quarterly earnings data on Thursday, July 9th. The company reported C$0.96 earnings per share (EPS) for the quarter. The business had revenue of C$951.01 million for the quarter. Aritzia had a net margin of 11.45% and a return on equity of 34.33%. Equities analysts predict 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.