Aritzia (TSE:ATZ) Price Target Raised to C$175.00 at Jefferies Financial Group

Aritzia (TSE:ATZ) had its price target boosted by Jefferies Financial Group from C$165.00 to C$175.00 in a research note released on Friday morning,BayStreet.CA reports.

ATZ has been the subject of a number of other reports. TD set a C$183.00 target price on Aritzia and gave the company a “buy” rating in a research note on Friday, June 26th. UBS Group upped their price target on shares of Aritzia from C$189.00 to C$204.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Royal Bank Of Canada increased 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. BMO Capital Markets raised 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 report on Friday. Finally, Desjardins set a C$175.00 target price on shares of Aritzia and gave the stock a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Aritzia presently has a consensus rating of “Moderate Buy” and a consensus price target of C$183.13.

Aritzia Stock Performance

Shares of ATZ traded up C$11.07 on Friday, reaching C$160.05. 1,920,828 shares of the stock traded hands, compared to its average volume of 694,866. Aritzia has a 12 month low of C$70.70 and a 12 month high of C$174.52. The firm has a market cap of C$18.34 billion, a price-to-earnings ratio of 50.02, a P/E/G ratio of 1.19 and a beta of 2.03. The company has a debt-to-equity ratio of 73.16, a current ratio of 1.43 and a quick ratio of 0.19. The stock’s 50-day moving average price is C$153.06 and its 200-day moving average price is C$131.98.

Aritzia (TSE:ATZ) last posted its earnings results on Thursday, July 9th. The company reported C$0.96 EPS for the quarter. The business had revenue of C$951.01 million during the quarter. Aritzia had a return on equity of 30.33% and a net margin of 10.31%. Equities analysts forecast that Aritzia will post 1.7771148 EPS for the current fiscal year.

Aritzia News Summary

Here are the key news stories impacting Aritzia this week:

• Positive Sentiment: Aritzia reported first-quarter EPS of C$0.96 on revenue of C$951.0 million, with net income and revenue both jumping sharply versus a year ago, reinforcing the view that demand and profitability remain strong. Aritzia Reports First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: BMO Capital Markets raised its price target to C$196 from C$188 and kept an outperform rating, signaling confidence in further upside. BMO price target raised
• Positive Sentiment: Royal Bank of Canada lifted its target to C$202 from C$193 and reiterated an outperform rating, one of several bullish calls helping support the shares. RBC price target raised
• Positive Sentiment: TD, Canaccord Genuity, Stifel, and Jefferies all raised their targets as well, with most maintaining buy/outperform views, suggesting analysts expect the post-earnings momentum to continue. Multiple analyst price target raises
• Neutral Sentiment: Ventum Financial also increased its target to C$186, but kept a neutral rating, indicating valuation may be getting closer to fair value despite the strong operating results. Ventum target raised

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.