Desjardins Boosts Aritzia (TSE:ATZ) Price Target to C$84.00

Aritzia (TSE:ATZ - Get Free Report) had its price target lifted by stock analysts at Desjardins from C$66.00 to C$84.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Desjardins' price objective would indicate a potential upside of 13.44% from the stock's current price. 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 and Q4 2026 earnings at $0.67 EPS.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada lifted their price objective on shares of Aritzia from C$68.00 to C$85.00 and gave the stock an "outperform" rating in a report on Monday. TD Securities lifted their price objective on shares of Aritzia from C$70.00 to C$81.00 and gave the stock a "buy" rating in a report on Monday, June 9th. UBS Group lifted their price objective on shares of Aritzia from C$61.00 to C$66.00 in a report on Friday, May 2nd. Raymond James Financial lifted their price objective on shares of Aritzia from C$60.00 to C$78.00 and gave the stock an "outperform" rating in a report on Tuesday, June 3rd. Finally, Stifel Nicolaus decreased their target price on shares of Aritzia from C$73.00 to C$66.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$72.60.

Aritzia Price Performance

Shares of TSE ATZ traded down C$0.53 during mid-day trading on Wednesday, reaching C$74.05. 555,881 shares of the company were exchanged, compared to its average volume of 666,381. Aritzia has a 52 week low of C$36.51 and a 52 week high of C$75.72. 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 has a market capitalization of C$8.83 billion, a PE ratio of 65.06, a PEG ratio of 1.19 and a beta of 1.83. The company's 50 day moving average price is C$66.42 and its 200 day moving average price is C$60.60.

Insider Buying and Selling at Aritzia

In other Aritzia news, Senior Officer David John Maciver sold 10,000 shares of the business's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of C$64.09, for a total value of C$640,900.00. Also, Senior Officer Todd Jeremy Ingledew sold 30,000 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$67.92, for a total transaction of C$2,037,600.00. Over the last quarter, insiders have sold 60,000 shares of company stock worth $4,042,550. 0.94% of the stock is currently owned by company insiders.

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.