Ventum Capital Analysts Give Aritzia (TSE:ATZ) a C$160.00 Price Target

Ventum Capital set a C$160.00 price target on Aritzia (TSE:ATZ) in a research note issued to investors on Wednesday,BayStreet reports. The firm currently has a neutral rating on the stock.

A number of other analysts have also recently commented on ATZ. National Bank Financial boosted their target price on shares of Aritzia from C$171.00 to C$175.00 and gave the company an “outperform” rating in a report on Monday, June 29th. UBS Group upped their target price on shares of Aritzia from C$189.00 to C$204.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Scotiabank set a C$175.00 price target on shares of Aritzia and gave the stock a “sector outperform” rating in a research note on Friday, October 16th. TD decreased their price target on shares of Aritzia from C$200.00 to C$175.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Finally, Jefferies Financial Group cut shares of Aritzia from a “buy” rating to a “hold” rating and set a C$160.00 price target for the company. in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$177.53.

Aritzia Trading Up 3.1%

TSE ATZ opened at C$155.15 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 1.31 and a debt-to-equity ratio of 79.21. Aritzia has a twelve month low of C$92.30 and a twelve month high of C$174.52. The firm has a market capitalization of C$17.57 billion, a PE ratio of 31.28, a P/E/G ratio of 1.19 and a beta of 2.18. The stock’s 50 day moving average is C$131.21 and its 200 day moving average is C$140.84.

Aritzia (TSE:ATZ) last issued its quarterly earnings results on Thursday, October 8th. The company reported C$1.31 earnings per share for the quarter. The company had revenue of C$1.17 billion for the quarter. Aritzia had a return on equity of 42.25% and a net margin of 13.62%. Research analysts forecast that Aritzia will post 1.78 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.