BMO Capital Markets Issues Positive Forecast for Aritzia (TSE:ATZ) Stock Price

Aritzia (TSE:ATZ) had its price objective hoisted by BMO Capital Markets from C$188.00 to C$196.00 in a report released on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other equities analysts also recently issued reports on the company. Truist Financial increased their price target on Aritzia from C$164.00 to C$185.00 in a research report on Friday, May 8th. TD set a C$183.00 price objective on Aritzia and gave the company a “buy” rating in a report on Friday, June 26th. Canaccord Genuity Group upped their price objective on shares of Aritzia from C$166.00 to C$182.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Royal Bank Of Canada increased their target price on shares of Aritzia from C$175.00 to C$193.00 and gave the stock an “outperform” rating in a report on Sunday, May 10th. Finally, Desjardins set a C$175.00 target price on shares of Aritzia and gave the company a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$183.13.

Aritzia Price Performance

Shares of ATZ stock traded up C$11.07 on Friday, reaching C$160.05. The company’s stock had a trading volume of 1,920,828 shares, compared to its average volume of 694,866. The stock’s fifty day simple moving average is C$153.06 and its 200-day simple moving average is C$131.98. Aritzia has a 1 year low of C$70.70 and a 1 year high of C$174.52. The company has a current ratio of 1.43, a quick ratio of 0.19 and a debt-to-equity ratio of 73.16. The company has a market capitalization of C$18.34 billion, a price-to-earnings ratio of 50.02, a price-to-earnings-growth ratio of 1.19 and a beta of 2.03.

Aritzia (TSE:ATZ) last released its quarterly earnings results on Thursday, July 9th. The company reported C$0.96 earnings per share for the quarter. The company had revenue of C$951.01 million for the quarter. Aritzia had a return on equity of 30.33% and a net margin of 10.31%. Analysts forecast that Aritzia will post 1.7771148 earnings per share for the current fiscal year.

Key Aritzia News

Here are the key news stories impacting Aritzia this week:

• Positive Sentiment: Aritzia reported first-quarter EPS of C$0.96 on revenue of C$951.0 million, with net income and revenue both jumping sharply versus a year ago, reinforcing the view that demand and profitability remain strong. Aritzia Reports First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: BMO Capital Markets raised its price target to C$196 from C$188 and kept an outperform rating, signaling confidence in further upside. BMO price target raised
• Positive Sentiment: Royal Bank of Canada lifted its target to C$202 from C$193 and reiterated an outperform rating, one of several bullish calls helping support the shares. RBC price target raised
• Positive Sentiment: TD, Canaccord Genuity, Stifel, and Jefferies all raised their targets as well, with most maintaining buy/outperform views, suggesting analysts expect the post-earnings momentum to continue. Multiple analyst price target raises
• Neutral Sentiment: Ventum Financial also increased its target to C$186, but kept a neutral rating, indicating valuation may be getting closer to fair value despite the strong operating results. Ventum target raised

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.