Aritzia Inc. (TSE:ATZ) Receives Consensus Rating of “Buy” from Analysts

Aritzia Inc. (TSE:ATZ) has earned a consensus recommendation of “Buy” from the twelve research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$139.92.

Several analysts have recently commented on ATZ shares. Canaccord Genuity Group increased their price target on shares of Aritzia from C$135.00 to C$164.00 and gave the company a “buy” rating in a research note on Friday, January 9th. Jefferies Financial Group increased their price target on shares of Aritzia from C$114.00 to C$140.00 in a research note on Tuesday, January 6th. Raymond James Financial raised their price objective on shares of Aritzia from C$110.00 to C$130.00 and gave the company an “outperform” rating in a research note on Wednesday, January 7th. Stifel Nicolaus raised their price objective on shares of Aritzia from C$132.00 to C$150.00 and gave the company a “buy” rating in a research note on Sunday, January 11th. Finally, TD Securities raised their price objective on shares of Aritzia from C$133.00 to C$155.00 and gave the company a “buy” rating in a research note on Friday, January 9th.

Aritzia Price Performance

ATZ opened at C$132.95 on Friday. Aritzia has a one year low of C$40.75 and a one year high of C$139.59. The company has a debt-to-equity ratio of 77.42, a current ratio of 1.44 and a quick ratio of 0.19. The company’s 50 day simple moving average is C$118.05 and its 200-day simple moving average is C$110.47. The stock has a market capitalization of C$15.39 billion, a P/E ratio of 45.38, a price-to-earnings-growth ratio of 1.19 and a beta of 1.95.

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.