Aritzia (TSE:ATZ) Given New C$158.00 Price Target at Stifel Nicolaus

Aritzia (TSE:ATZ) had its price objective raised by investment analysts at Stifel Nicolaus from C$150.00 to C$158.00 in a research report issued on Monday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ target price suggests a potential upside of 13.25% from the company’s current price.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group raised their price target on Aritzia from C$114.00 to C$140.00 in a report on Tuesday, January 6th. Raymond James Financial raised their price target on Aritzia from C$110.00 to C$130.00 and gave the company an “outperform” rating in a report on Wednesday, January 7th. Canaccord Genuity Group raised their price target on Aritzia from C$135.00 to C$164.00 and gave the company a “buy” rating in a report on Friday, January 9th. Royal Bank Of Canada raised their price target on Aritzia from C$116.00 to C$150.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Finally, National Bank Financial set a C$143.00 price target on Aritzia and gave the company an “outperform” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Aritzia currently has a consensus rating of “Buy” and a consensus price target of C$140.54.

Aritzia Stock Down 2.6%

Shares of TSE:ATZ traded down C$3.70 on Monday, hitting C$139.51. 268,160 shares of the company traded hands, compared to its average volume of 660,348. Aritzia has a 52 week low of C$45.84 and a 52 week high of C$145.90. The company has a quick ratio of 0.19, a current ratio of 1.44 and a debt-to-equity ratio of 77.42. The stock has a 50 day simple moving average of C$121.08 and a 200-day simple moving average of C$113.29. The company has a market cap of C$16.15 billion, a PE ratio of 47.61, a PEG ratio of 1.19 and a beta of 1.95.

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.