Aritzia (TSE:ATZ – Get Free Report) had its price objective cut by stock analysts at TD from C$200.00 to C$175.00 in a research report issued to clients and investors on Friday, BayStreet reports. The firm presently has a “buy” rating on the stock. TD’s target price suggests a potential upside of 21.35% from the company’s previous close.
A number of other brokerages also recently issued reports on ATZ. Canaccord Genuity Group reduced their price objective on shares of Aritzia from C$193.00 to C$189.00 and set a “buy” rating on the stock in a research note on Thursday, October 1st. Jefferies Financial Group upped their price target on shares of Aritzia from C$165.00 to C$175.00 in a report on Friday, July 10th. UBS Group lifted their price objective on shares of Aritzia from C$189.00 to C$204.00 and gave the company a “buy” rating in a research note on Friday, June 26th. BMO Capital Markets lowered their price objective on shares of Aritzia from C$196.00 to C$191.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, National Bank Financial raised their target price on Aritzia from C$171.00 to C$175.00 and gave the company an “outperform” rating in a report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$178.62.
View Our Latest Research Report on Aritzia
Aritzia Price Performance
Aritzia (TSE:ATZ – Get Free Report) last released its earnings results on Thursday, October 8th. The company reported C$1.31 earnings per share for the quarter. Aritzia had a return on equity of 34.33% and a net margin of 11.45%.The firm had revenue of C$1.17 billion during the quarter. As a group, equities research analysts expect that Aritzia will post 1.7771148 earnings per share for the current fiscal year.
Key Headlines Impacting Aritzia
Here are the key news stories impacting Aritzia this week:
- Positive Sentiment: Strong quarterly performance: Aritzia reported approximately C$1.17 billion in quarterly revenue and C$1.31 in earnings per share. Profit rose to roughly C$201.7 million, nearly triple the prior-year level, while adjusted earnings increased 122% year over year and exceeded forecasts. Aritzia Reports Second Quarter Fiscal 2027 Financial Results
- Positive Sentiment: U.S. expansion is driving growth: Continued revenue growth in the United States and the company’s expanding store footprint supported the earnings improvement. Management also raised its sales outlook, signaling confidence that demand and international expansion can remain strong. Aritzia Raises Sales Outlook as U.S. Growth Accelerates
- Positive Sentiment: Analyst support remains substantial: RBC raised its price target, while BMO maintained an “outperform” rating despite reducing its target to C$191 from C$196. Aritzia was also highlighted among Canadian growth stocks to watch in October. Aritzia Price Target Lowered at TD, Raised at RBC
- Negative Sentiment: Mixed target revisions: TD lowered its price target, and Raymond James also cut its target. Desjardins set a C$180 target, indicating analysts remain positive overall but are tempering expectations after the stock’s strong run. Aritzia Stock Price Target Cut by Raymond James Financial
- Neutral Sentiment: Aritzia’s shares have traded near the upper end of their one-year range, with a price-to-earnings ratio above 37. The strong results support the premium valuation, but sustained earnings and U.S. growth will be needed to justify it.
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.
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