Aritzia Inc. (TSE:ATZ) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Aritzia Inc. (TSE:ATZ) have been given an average rating of “Moderate Buy” by the ten brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$97.25.

A number of brokerages recently issued reports on ATZ. Raymond James Financial lifted their price target on shares of Aritzia from C$100.00 to C$110.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. BMO Capital Markets lifted their target price on shares of Aritzia from C$100.00 to C$104.00 in a report on Friday, October 10th. CIBC upped their price target on Aritzia from C$87.00 to C$94.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Truist Financial raised their price objective on Aritzia from C$102.00 to C$116.00 in a research report on Thursday, October 30th. Finally, Jefferies Financial Group lifted their price objective on Aritzia from C$87.00 to C$92.00 in a research note on Friday, October 10th.

Aritzia Trading Down 1.3%

TSE ATZ opened at C$113.82 on Monday. The firm has a market capitalization of C$13.12 billion, a PE ratio of 47.43, a P/E/G ratio of 1.19 and a beta of 1.97. The stock’s 50 day moving average is C$99.19 and its 200 day moving average is C$83.91. Aritzia has a twelve month low of C$36.51 and a twelve month high of C$117.08. 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 (TSE:ATZ) last announced its quarterly earnings data on Thursday, October 9th. The company reported C$0.59 EPS for the quarter. The business had revenue of C$812.05 million during the quarter. Aritzia had a return on equity of 15.24% and a net margin of 5.24%. Research analysts forecast that Aritzia will post 1.7771148 earnings per share for the current fiscal year.

About Aritzia

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.