Aritzia (TSE:ATZ) Price Target Raised to C$200.00 at TD

Aritzia (TSE:ATZ) had its price objective hoisted by TD from C$183.00 to C$200.00 in a research note released on Friday morning,BayStreet.CA reports. TD currently has a buy rating on the stock.

ATZ has been the subject of several other reports. Royal Bank Of Canada lifted their price objective on shares of Aritzia from C$193.00 to C$202.00 and gave the company an “outperform” rating in a research note on Friday. Jefferies Financial Group boosted their price objective on Aritzia from C$165.00 to C$175.00 in a report on Friday. National Bank Financial raised their target price on Aritzia from C$171.00 to C$175.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Canaccord Genuity Group lifted their price target on Aritzia from C$182.00 to C$193.00 and gave the company a “buy” rating in a research report on Friday. Finally, Truist Financial boosted their price target on Aritzia from C$164.00 to C$185.00 in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$183.13.

Aritzia Stock Performance

Shares of ATZ traded up C$11.07 during trading hours on Friday, reaching C$160.05. 1,920,828 shares of the company traded hands, compared to its average volume of 694,866. The stock has a market capitalization of C$18.34 billion, a P/E ratio of 50.02, a P/E/G ratio of 1.19 and a beta of 2.03. 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 12-month low of C$70.70 and a 12-month high of C$174.52. The business has a fifty day moving average price of C$153.06 and a 200-day moving average price of C$131.98.

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

Key Headlines Impacting Aritzia

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

About Aritzia

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.