Aritzia (TSE:ATZ) Price Target Raised to C$60.00 at Raymond James

Aritzia (TSE:ATZ) had its price target boosted by Raymond James from C$55.00 to C$60.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

ATZ has been the topic of a number of other reports. Royal Bank of Canada cut their target price on Aritzia from C$73.00 to C$65.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th. CIBC increased their price objective on shares of Aritzia from C$57.00 to C$66.00 in a research note on Friday. BMO Capital Markets dropped their target price on shares of Aritzia from C$74.00 to C$67.00 and set an “outperform” rating for the company in a research report on Friday. Stifel Nicolaus reduced their price target on shares of Aritzia from C$73.00 to C$66.00 and set a “buy” rating on the stock in a research report on Friday. Finally, UBS Group boosted their price objective on Aritzia from C$61.00 to C$66.00 in a report on Friday. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$64.20.

Aritzia Trading Up 13.8 %

TSE:ATZ opened at C$56.42 on Friday. The stock has a market cap of C$6.73 billion, a price-to-earnings ratio of 49.57, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. Aritzia has a one year low of C$31.82 and a one year high of C$73.44. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29. The business’s 50-day simple moving average is C$50.52 and its 200 day simple moving average is C$53.83.

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.