Analysts Set Aritzia Inc. (TSE:ATZ) PT at C$174.08

Aritzia Inc. (TSE:ATZ) has been assigned an average rating of “Buy” from the thirteen ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$174.08.

A number of research firms have recently issued reports on ATZ. Canaccord Genuity Group lifted their price objective on shares of Aritzia from C$166.00 to C$182.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Royal Bank Of Canada lifted their price objective on shares of Aritzia from C$175.00 to C$193.00 and gave the stock an “outperform” rating in a report on Sunday, May 10th. Truist Financial lifted their price objective on shares of Aritzia from C$164.00 to C$185.00 in a report on Friday, May 8th. BMO Capital Markets lifted their price objective on shares of Aritzia from C$163.00 to C$188.00 in a report on Friday, May 8th. Finally, Stifel Nicolaus lifted their price objective on shares of Aritzia from C$158.00 to C$180.00 in a report on Friday, May 8th.

Aritzia Stock Performance

TSE ATZ opened at C$160.34 on Monday. Aritzia has a 52-week low of C$65.00 and a 52-week high of C$160.89. The company has a debt-to-equity ratio of 73.16, a quick ratio of 0.19 and a current ratio of 1.43. The company has a market capitalization of C$18.37 billion, a P/E ratio of 50.11, a P/E/G ratio of 1.19 and a beta of 2.11. The company has a fifty day moving average of C$135.55 and a 200-day moving average of C$122.88.

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.