Aritzia (TSE:ATZ) Price Target Raised to C$163.00

Aritzia (TSE:ATZ) had its target price raised by BMO Capital Markets from C$160.00 to C$163.00 in a report issued on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

ATZ has been the topic of a number of other reports. TD Securities raised their target price on shares of Aritzia from C$133.00 to C$155.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Truist Financial raised their price objective on Aritzia from C$116.00 to C$157.00 in a report on Friday, January 9th. Raymond James Financial upped their target price on Aritzia from C$110.00 to C$130.00 and gave the stock an “outperform” rating in a report on Wednesday, January 7th. Jefferies Financial Group increased their price target on Aritzia from C$114.00 to C$140.00 in a research report on Tuesday, January 6th. Finally, The Goldman Sachs Group upgraded Aritzia to a “strong-buy” rating in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$139.67.

Aritzia Price Performance

ATZ opened at C$129.26 on Monday. The business has a fifty day moving average of C$119.65 and a 200 day moving average of C$101.89. The stock has a market cap of C$14.97 billion, a P/E ratio of 44.12, a PEG ratio of 1.19 and a beta of 2.09. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. Aritzia has a 52-week low of C$36.51 and a 52-week high of C$139.59.

Aritzia (TSE:ATZ) last issued its earnings results on Thursday, January 8th. The company reported C$1.10 earnings per share (EPS) for the quarter. The firm had revenue of C$1.04 billion during the quarter. Aritzia had a net margin of 5.24% and a return on equity of 15.24%. As a group, sell-side analysts anticipate 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.