Brokerages Set Aritzia Inc. (TSE:ATZ) Price Target at C$183.13

Aritzia Inc. (TSE:ATZ) has been assigned a consensus rating of “Moderate Buy” from the fourteen analysts that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$183.13.

A number of equities research analysts have recently issued reports on ATZ shares. Stifel Nicolaus upped their target price on shares of Aritzia from C$180.00 to C$190.00 and gave the company a “buy” rating in a report on Friday, July 10th. UBS Group boosted their price target 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. TD upped their price objective on Aritzia from C$183.00 to C$200.00 and gave the company a “buy” rating in a research note on Friday, July 10th. BMO Capital Markets raised their price objective on Aritzia from C$188.00 to C$196.00 and gave the company an “outperform” rating in a research report on Friday, July 10th. Finally, Royal Bank Of Canada lifted their target price on Aritzia from C$193.00 to C$202.00 and gave the stock an “outperform” rating in a research note on Friday, July 10th.

Aritzia Price Performance

Shares of ATZ opened at C$122.82 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 0.19 and a debt-to-equity ratio of 76.35. The company’s fifty day simple moving average is C$137.81 and its 200 day simple moving average is C$137.44. Aritzia has a 1-year low of C$79.40 and a 1-year high of C$174.52. The company has a market cap of C$14.07 billion, a price-to-earnings ratio of 32.07, a PEG ratio of 1.19 and a beta of 2.04.

Aritzia (TSE:ATZ) last announced its quarterly earnings results on Thursday, July 9th. The company reported C$0.96 EPS for the quarter. Aritzia had a net margin of 11.45% and a return on equity of 34.33%. The firm had revenue of C$951.01 million during the quarter. On average, research analysts forecast that Aritzia will post 1.7771148 earnings per share for the current fiscal 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.