Aritzia Inc. (TSE:ATZ) Given Average Rating of "Moderate Buy" by Analysts

Aritzia Inc. (TSE:ATZ - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the eight ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$64.80.

ATZ has been the subject of a number of analyst reports. Raymond James raised Aritzia from a "market perform" rating to an "outperform" rating and dropped their price target for the company from C$65.00 to C$55.00 in a research note on Tuesday, April 22nd. Royal Bank of Canada lowered their price objective on shares of Aritzia from C$73.00 to C$65.00 and set an "outperform" rating for the company in a research report on Monday. TD Securities reduced their target price on Aritzia from C$74.00 to C$66.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Stifel Nicolaus set a C$73.00 price target on Aritzia and gave the stock a "buy" rating in a report on Thursday, April 24th. Finally, CIBC reduced their price objective on Aritzia from C$75.00 to C$57.00 in a research note on Thursday, April 17th.

Aritzia Stock Performance

Shares of ATZ traded down C$0.63 during mid-day trading on Friday, hitting C$48.03. 209,798 shares of the company's stock were exchanged, compared to its average volume of 747,461. The firm has a market cap of C$5.73 billion, a price-to-earnings ratio of 42.20, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. Aritzia has a 52 week low of C$31.82 and a 52 week high of C$73.44. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. The stock's 50-day simple moving average is C$51.42 and its 200-day simple moving average is C$53.78.

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.