Aritzia (TSE:ATZ) Given a C$183.00 Price Target at TD

Aritzia (TSE:ATZ) has been given a C$183.00 target price by research analysts at TD in a report released on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD’s target price would suggest a potential upside of 17.08% from the company’s previous close.

A number of other analysts have also weighed in on the stock. BMO Capital Markets upped their price target on shares of Aritzia from C$163.00 to C$188.00 in a research note on Friday, May 8th. Canaccord Genuity Group upped their target price on Aritzia from C$166.00 to C$182.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. National Bank Financial increased their price target on Aritzia from C$143.00 to C$171.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. 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 research note on Sunday, May 10th. Finally, Canadian Imperial Bank of Commerce upped their price target on Aritzia from C$155.00 to C$171.00 in a report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Aritzia currently has a consensus rating of “Buy” and an average target price of C$176.21.

Aritzia Stock Performance

ATZ stock traded down C$0.40 on Friday, reaching C$156.31. The company’s stock had a trading volume of 420,239 shares, compared to its average volume of 663,278. Aritzia has a 52 week low of C$68.63 and a 52 week high of C$174.52. 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 company has a market capitalization of C$17.91 billion, a P/E ratio of 48.85, a price-to-earnings-growth ratio of 1.19 and a beta of 2.01. The firm has a fifty day moving average of C$149.89 and a two-hundred day moving average of C$129.09.

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.