Aritzia (TSE:ATZ) Given New C$84.00 Price Target at Desjardins

Aritzia (TSE:ATZ - Get Free Report) had its price objective upped by investment analysts at Desjardins from C$66.00 to C$84.00 in a report released on Wednesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Desjardins' price objective points to a potential upside of 10.19% 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, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.02 EPS and FY2027 earnings at $2.83 EPS.

Several other equities research analysts also recently issued reports on the company. Royal Bank Of Canada raised their price target on Aritzia from C$68.00 to C$85.00 and gave the company an "outperform" rating in a report on Monday. Stifel Nicolaus cut their price target on Aritzia from C$73.00 to C$66.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Canaccord Genuity Group cut their price target on Aritzia from C$70.00 to C$64.00 and set a "buy" rating for the company in a report on Friday, May 2nd. UBS Group raised their price target on Aritzia from C$61.00 to C$66.00 in a report on Friday, May 2nd. Finally, BMO Capital Markets raised their price target on Aritzia from C$75.00 to C$80.00 in a report on Friday, June 13th. One investment analyst has rated the stock with a sell rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$72.60.

Aritzia Stock Up 2.9%

Shares of ATZ traded up C$2.18 during mid-day trading on Wednesday, hitting C$76.23. 619,183 shares of the company's stock were exchanged, compared to its average volume of 665,811. Aritzia has a 52 week low of C$36.51 and a 52 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 company has a 50-day simple moving average of C$66.91 and a 200 day simple moving average of C$60.75. The company has a market cap of C$9.09 billion, a PE ratio of 66.98, a P/E/G ratio of 1.19 and a beta of 1.83.

Insider Buying and Selling

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

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.