Aritzia Inc. (TSE:ATZ) Stock Has Average Price Target of C$180.56

Key Points

• Aritzia has a Moderate Buy consensus from 15 analysts: 11 rate it a buy, one a strong buy, and three a hold. The average 12-month price target is C$180.56.
• Several firms recently raised their targets, including TD to C$200, BMO to C$196, and Canaccord Genuity to C$189, while Jefferies increased its target to C$175.
• Aritzia reported quarterly EPS of C$0.96 on revenue of C$951.01 million, with an 11.45% net margin and 34.33% return on equity. Shares opened at C$122.66, well below the average analyst target.

Aritzia Inc. (TSE:ATZ - Get Free Report) has received an average recommendation of "Moderate Buy" from the fifteen research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$180.56.

Several research firms have commented on ATZ. Jefferies Financial Group lifted their target price on shares of Aritzia from C$165.00 to C$175.00 in a research note on Friday, July 10th. Desjardins set a C$175.00 target price on Aritzia and gave the stock a "buy" rating in a research report on Wednesday, July 8th. BMO Capital Markets upped their price objective on shares of Aritzia from C$188.00 to C$196.00 and gave the company an "outperform" rating in a research note on Friday, July 10th. TD raised their target price on shares of Aritzia from C$183.00 to C$200.00 and gave the stock a "buy" rating in a research report on Friday, July 10th. Finally, Canaccord Genuity Group lowered their target price on shares of Aritzia from C$193.00 to C$189.00 and set a "buy" rating for the company in a report on Thursday.

Aritzia Stock Up 1.6%

Shares of TSE:ATZ opened at C$122.66 on Friday. The company has a market capitalization of C$14.05 billion, a P/E ratio of 32.03, a P/E/G ratio of 1.19 and a beta of 2.04. The stock's fifty day simple moving average is C$130.46 and its 200-day simple moving average is C$137.60. Aritzia has a 52-week low of C$79.40 and a 52-week high of C$174.52. The company has a quick ratio of 0.19, a current ratio of 1.39 and a debt-to-equity ratio of 76.35.

Aritzia (TSE:ATZ - Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The company reported C$0.96 earnings per share (EPS) for the quarter. The company had revenue of C$951.01 million for the quarter. Aritzia had a net margin of 11.45% and a return on equity of 34.33%. As a group, equities research analysts forecast that Aritzia will post 1.7771148 earnings per share for the current fiscal year.

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. Its geographical segments include Canada and the United States. The company generates the majority of revenue from Retail, followed by eCommerce.

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