Aritzia Inc. (TSE:ATZ - Get Free Report)'s share price hit a new 52-week high during trading on Friday . The company traded as high as C$145.60 and last traded at C$145.60, with a volume of 88180 shares. The stock had previously closed at C$141.23.
Wall Street Analysts Forecast Growth
ATZ has been the subject of a number of recent research reports. Desjardins boosted their target price on shares of Aritzia from C$125.00 to C$133.00 and gave the stock a "buy" rating in a report on Tuesday, January 6th. Jefferies Financial Group raised their price objective on Aritzia from C$114.00 to C$140.00 in a research report on Tuesday, January 6th. National Bank Financial set a C$143.00 price objective on Aritzia and gave the stock an "outperform" rating in a research report on Thursday, April 9th. Raymond James Financial raised their price objective on Aritzia from C$110.00 to C$130.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 7th. Finally, Stifel Nicolaus raised their price objective on Aritzia from C$132.00 to C$150.00 and gave the stock a "buy" rating in a research report on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Aritzia currently has a consensus rating of "Buy" and a consensus price target of C$139.92.
View Our Latest Analysis on Aritzia
Aritzia Trading Up 1.1%
The stock has a 50-day moving average of C$120.59 and a 200 day moving average of C$112.42. The stock has a market cap of C$16.53 billion, a PE ratio of 48.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.95. The company has a quick ratio of 0.19, a current ratio of 1.44 and a debt-to-equity ratio of 77.42.
About Aritzia
(
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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.
Further Reading
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