Desjardins Forecasts Strong Price Appreciation for Aritzia (TSE:ATZ) Stock

Aritzia (TSE:ATZ - Get Free Report) had its price objective upped by stock analysts at Desjardins from C$66.00 to C$84.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Desjardins' target price indicates a potential upside of 11.79% from the company's previous close. Desjardins also issued estimates for Aritzia's Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.02 EPS and FY2027 earnings at $2.83 EPS.

Other equities analysts have also issued research reports about the company. UBS Group lifted their price objective on Aritzia from C$61.00 to C$66.00 in a research note on Friday, May 2nd. Canaccord Genuity Group reduced their price objective on Aritzia from C$70.00 to C$64.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. CIBC lifted their price objective on Aritzia from C$57.00 to C$66.00 in a research note on Friday, May 2nd. Raymond James Financial lifted their price objective on Aritzia from C$60.00 to C$78.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd. Finally, Royal Bank Of Canada lifted their price objective on Aritzia from C$68.00 to C$85.00 and gave the company an "outperform" rating in a research note on Monday, July 7th. One research analyst has rated the stock with a sell rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Aritzia has an average rating of "Moderate Buy" and a consensus price target of C$81.50.

Aritzia Stock Performance

ATZ traded up C$1.09 on Wednesday, reaching C$75.14. 1,143,422 shares of the stock were exchanged, compared to its average volume of 669,968. The company's 50-day moving average price is C$67.28 and its 200 day moving average price is C$60.90. Aritzia has a fifty-two week low of C$36.51 and a fifty-two week high of C$78.88. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. The firm has a market capitalization of C$8.96 billion, a PE ratio of 66.02, a PEG ratio of 1.19 and a beta of 1.83.

Insider Activity at Aritzia

In other Aritzia news, Senior Officer Todd Jeremy Ingledew sold 30,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$67.92, for a total transaction of C$2,037,600.00. Also, Director Jennifer Wong sold 15,000 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of C$68.25, for a total value of C$1,023,750.00. Insiders sold a total of 60,000 shares of company stock worth $4,042,550 in the last 90 days. Corporate insiders own 0.94% of the company's stock.

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.