Aritzia Inc. (TSE:ATZ) Given Average Recommendation of “Buy” by Brokerages

Aritzia Inc. (TSE:ATZ) has earned an average recommendation of “Buy” from the thirteen analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$174.08.

Several equities research analysts have issued reports on the company. Stifel Nicolaus raised their target price on Aritzia from C$158.00 to C$180.00 in a research note on Friday, May 8th. BMO Capital Markets increased their price target on Aritzia from C$163.00 to C$188.00 in a report on Friday, May 8th. Royal Bank Of Canada raised their price objective on Aritzia from C$175.00 to C$193.00 and gave the stock an “outperform” rating in a research report on Sunday, May 10th. Truist Financial boosted their price objective on shares of Aritzia from C$164.00 to C$185.00 in a report on Friday, May 8th. Finally, Desjardins upped their target price on shares of Aritzia from C$148.00 to C$175.00 and gave the company a “buy” rating in a research report on Friday, May 8th.

Aritzia Stock Performance

ATZ opened at C$154.80 on Monday. Aritzia has a one year low of C$65.00 and a one year high of C$158.00. The stock has a market capitalization of C$17.73 billion, a PE ratio of 48.38, a P/E/G ratio of 1.19 and a beta of 2.11. The business’s 50 day moving average price is C$132.63 and its 200 day moving average price is C$121.60. The company has a debt-to-equity ratio of 73.16, a quick ratio of 0.19 and a current ratio of 1.43.

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.