Aritzia (TSE:ATZ) PT Set at C$183.00 by TD

Aritzia (TSE:ATZ) has been assigned a C$183.00 price target by investment analysts at TD in a report released on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD’s price objective would indicate a potential upside of 17.08% from the stock’s current price.

ATZ has been the topic of several other research reports. Stifel Nicolaus lifted their target price on shares of Aritzia from C$158.00 to C$180.00 in a report on Friday, May 8th. Truist Financial raised their price target on Aritzia from C$164.00 to C$185.00 in a research report on Friday, May 8th. Raymond James Financial lifted their price objective on Aritzia from C$155.00 to C$200.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th. Canaccord Genuity Group increased their target price on Aritzia from C$166.00 to C$182.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Royal Bank Of Canada raised their target price on Aritzia from C$175.00 to C$193.00 and gave the company an “outperform” rating in a report on Sunday, May 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$176.21.

Aritzia Stock Performance

Shares of TSE:ATZ traded down C$0.40 during trading on Friday, reaching C$156.31. The stock had a trading volume of 420,239 shares, compared to its average volume of 663,278. The stock has a fifty day simple moving average of C$149.89 and a two-hundred day simple moving average of C$129.09. The company has a quick ratio of 0.19, a current ratio of 1.43 and a debt-to-equity ratio of 73.16. Aritzia has a 52 week low of C$68.63 and a 52 week high of C$174.52. The firm has a market capitalization of C$17.91 billion, a price-to-earnings ratio of 48.85, a P/E/G ratio of 1.19 and a beta of 2.01.

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.