Aritzia Inc. (TSE:ATZ) Given Consensus Rating of “Buy” by Brokerages

Aritzia Inc. (TSE:ATZ) has earned a consensus recommendation of “Buy” from the nine analysts that are currently covering the firm, Marketbeat.com reports. Nine equities research analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have covered the stock in the last year is C$96.09.

ATZ has been the subject of several analyst reports. Desjardins increased their price target on shares of Aritzia from C$91.00 to C$95.00 in a report on Friday, October 10th. Jefferies Financial Group boosted their target price on Aritzia from C$87.00 to C$92.00 in a research report on Friday, October 10th. Raymond James Financial raised their price target on Aritzia from C$100.00 to C$110.00 and gave the company an “outperform” rating in a report on Tuesday, October 28th. BMO Capital Markets lifted their price target on Aritzia from C$100.00 to C$104.00 in a research note on Friday, October 10th. Finally, CIBC increased their price objective on Aritzia from C$87.00 to C$94.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st.

Aritzia Stock Up 1.8%

Aritzia stock opened at C$113.29 on Monday. The stock has a 50 day moving average of C$96.07 and a two-hundred day moving average of C$82.42. Aritzia has a twelve month low of C$36.51 and a twelve month high of C$113.53. The stock has a market capitalization of C$13.06 billion, a price-to-earnings ratio of 47.20, a PEG ratio of 1.19 and a beta of 1.97. The company has a current ratio of 1.29, a quick ratio of 0.19 and a debt-to-equity ratio of 93.51.

Aritzia (TSE:ATZ) last announced its quarterly earnings data on Thursday, October 9th. The company reported C$0.59 EPS for the quarter. The company had revenue of C$812.05 million during the quarter. Aritzia had a net margin of 5.24% and a return on equity of 15.24%. As a group, research analysts expect that Aritzia will post 1.7771148 earnings per share for the current year.

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.