Aritzia Inc. (TSE:ATZ) Receives Consensus Rating of “Buy” from Brokerages

Shares of Aritzia Inc. (TSE:ATZ) have been given a consensus recommendation of “Buy” by the eleven analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$137.42.

Several equities research analysts have recently issued reports on ATZ shares. TD Securities raised their target price on Aritzia from C$133.00 to C$155.00 and gave the company a “buy” rating in a research report on Friday, January 9th. Stifel Nicolaus increased their price target on shares of Aritzia from C$132.00 to C$150.00 and gave the company a “buy” rating in a research report on Sunday, January 11th. Royal Bank Of Canada lifted their price objective on shares of Aritzia from C$116.00 to C$150.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Desjardins increased their target price on shares of Aritzia from C$125.00 to C$133.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, The Goldman Sachs Group upgraded shares of Aritzia to a “strong-buy” rating in a research note on Thursday, December 11th.

Aritzia Price Performance

Shares of TSE ATZ opened at C$117.10 on Tuesday. The company has a market capitalization of C$13.53 billion, a PE ratio of 39.97, a PEG ratio of 1.19 and a beta of 2.01. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. The stock’s 50 day moving average price is C$116.60 and its 200-day moving average price is C$95.35. Aritzia has a twelve month low of C$36.51 and a twelve month high of C$139.59.

Aritzia (TSE:ATZ) last issued its quarterly earnings results on Thursday, January 8th. The company reported C$1.10 EPS for the quarter. Aritzia had a return on equity of 15.24% and a net margin of 5.24%.The company had revenue of C$1.04 billion during the quarter. On average, equities analysts anticipate that Aritzia will post 1.7771148 EPS 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. Its geographical segments include Canada and the United States. The company generates the majority of revenue from Retail, followed by eCommerce.