Aritzia (TSE:ATZ) Price Target Raised to C$155.00 at TD Securities

Aritzia (TSE:ATZ) had its price objective hoisted by research analysts at TD Securities from C$133.00 to C$155.00 in a report released on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 20.21% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group raised their target price on shares of Aritzia from C$114.00 to C$140.00 in a report on Tuesday. CIBC boosted their price objective on shares of Aritzia from C$132.00 to C$148.00 in a research report on Friday. Stifel Nicolaus increased their target price on shares of Aritzia from C$100.00 to C$132.00 and gave the stock a “buy” rating in a report on Monday. BMO Capital Markets upped their price target on Aritzia from C$133.00 to C$136.00 and gave the company an “outperform” rating in a research report on Friday, December 19th. Finally, Raymond James Financial increased their price objective on Aritzia from C$110.00 to C$130.00 and gave the stock an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$135.92.

Aritzia Trading Up 2.9%

Shares of Aritzia stock traded up C$3.69 during trading on Friday, reaching C$128.94. The company’s stock had a trading volume of 1,395,314 shares, compared to its average volume of 815,033. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. Aritzia has a 52-week low of C$36.51 and a 52-week high of C$135.00. The firm’s 50-day moving average is C$109.71 and its two-hundred day moving average is C$90.50. The company has a market cap of C$14.86 billion, a price-to-earnings ratio of 53.73, a PEG ratio of 1.19 and a beta of 2.01.

Aritzia (TSE:ATZ) last posted its quarterly earnings results on Thursday, January 8th. The company reported C$1.10 earnings per share for the quarter. Aritzia had a net margin of 5.24% and a return on equity of 15.24%. The business had revenue of C$1.04 billion during the quarter. On average, sell-side analysts anticipate that Aritzia will post 1.7771148 earnings per share for the current 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.