Brokerages Set Aritzia Inc. (TSE:ATZ) Price Target at C$96.09

Shares of Aritzia Inc. (TSE:ATZ) have earned an average rating of “Buy” from the nine brokerages that are currently covering the firm, Marketbeat reports. Nine investment analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$96.09.

Several research analysts have recently commented on ATZ shares. Raymond James Financial raised their price target on Aritzia from C$100.00 to C$110.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Truist Financial increased their target price on Aritzia from C$102.00 to C$116.00 in a research note on Thursday, October 30th. Jefferies Financial Group lifted their target price on Aritzia from C$87.00 to C$92.00 in a research report on Friday, October 10th. CIBC increased their price target on shares of Aritzia from C$87.00 to C$94.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Finally, Desjardins raised their price objective on shares of Aritzia from C$91.00 to C$95.00 in a research note on Friday, October 10th.

Aritzia Stock Performance

Shares of Aritzia stock opened at C$97.42 on Thursday. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. The firm has a market cap of C$11.23 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 1.19 and a beta of 1.79. The business’s fifty day simple moving average is C$89.65 and its 200-day simple moving average is C$77.30. Aritzia has a 52 week low of C$36.51 and a 52 week high of C$100.37.

Aritzia (TSE:ATZ) last issued its quarterly earnings data on Thursday, October 9th. The company reported C$0.59 EPS for the quarter. Aritzia had a net margin of 5.24% and a return on equity of 15.24%. The firm had revenue of C$812.05 million for the quarter. Equities analysts forecast 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.