Aritzia Inc. (TSE:ATZ) Receives C$174.08 Average PT from Analysts

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

ATZ has been the topic of several analyst reports. Stifel Nicolaus boosted their price target on shares of Aritzia from C$158.00 to C$180.00 in a report on Friday, May 8th. Wells Fargo & Company boosted their price target on shares of Aritzia from C$110.00 to C$140.00 in a report on Wednesday, April 29th. Raymond James Financial boosted their price target on shares of Aritzia from C$155.00 to C$200.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Truist Financial boosted their price target on shares of Aritzia from C$164.00 to C$185.00 in a report on Friday, May 8th. Finally, National Bank Financial lifted their price objective on shares of Aritzia from C$143.00 to C$171.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th.

Aritzia Stock Down 2.0%

Aritzia stock opened at C$157.75 on Monday. Aritzia has a fifty-two week low of C$65.00 and a fifty-two week high of C$161.84. The stock has a market cap of C$18.07 billion, a PE ratio of 49.30, a price-to-earnings-growth ratio of 1.19 and a beta of 2.01. The firm’s 50-day simple moving average is C$137.38 and its 200 day simple moving average is C$123.57. The company has a debt-to-equity ratio of 73.16, a quick ratio of 0.19 and a current ratio of 1.43.

About Aritzia

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.