Aritzia (TSE:ATZ) Price Target Raised to C$202.00 at Royal Bank Of Canada

Aritzia (TSE:ATZ) had its price target lifted by stock analysts at Royal Bank Of Canada from C$193.00 to C$202.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 26.42% from the company’s previous close.

Several other equities research analysts also recently weighed in on ATZ. UBS Group upped their target price on Aritzia from C$189.00 to C$204.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Raymond James Financial upped their target price on shares of Aritzia from C$155.00 to C$200.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. BMO Capital Markets raised their price target on shares of Aritzia from C$188.00 to C$196.00 and gave the company an “outperform” rating in a report on Friday. Jefferies Financial Group lifted their price target on shares of Aritzia from C$165.00 to C$175.00 in a research note on Friday. Finally, Stifel Nicolaus boosted their price objective on shares of Aritzia from C$158.00 to C$180.00 in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Aritzia has a consensus rating of “Moderate Buy” and a consensus target price of C$183.13.

Aritzia Trading Up 7.2%

TSE:ATZ traded up C$10.80 during mid-day trading on Friday, reaching C$159.78. The company’s stock had a trading volume of 1,225,130 shares, compared to its average volume of 689,285. Aritzia has a twelve month low of C$70.70 and a twelve month high of C$174.52. The company has a debt-to-equity ratio of 73.16, a current ratio of 1.43 and a quick ratio of 0.19. The company’s fifty day simple moving average is C$152.66 and its two-hundred day simple moving average is C$131.78. The stock has a market cap of C$18.31 billion, a P/E ratio of 49.93, a P/E/G ratio of 1.19 and a beta of 2.03.

Aritzia (TSE:ATZ) last released its quarterly earnings data on Thursday, July 9th. The company reported C$0.96 EPS for the quarter. Aritzia had a return on equity of 30.33% and a net margin of 10.31%.The business had revenue of C$951.01 million during the quarter. On average, equities 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.