Aritzia (TSE:ATZ – Free Report) had its price target increased by Canaccord Genuity Group from C$189.00 to C$194.00 in a report issued on Friday,BayStreet reports. The brokerage currently has a buy rating on the stock.
A number of other analysts also recently weighed in on ATZ. Royal Bank Of Canada upped their target price on shares of Aritzia from C$193.00 to C$202.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Jefferies Financial Group lifted their price target on shares of Aritzia from C$165.00 to C$175.00 in a research report on Friday, July 10th. Ventum Financial lifted their price target on shares of Aritzia from C$180.00 to C$186.00 and gave the company a “neutral” rating in a research report on Friday, July 10th. TD dropped their price objective on shares of Aritzia from C$200.00 to C$175.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Ventum Capital upped their price objective on shares of Aritzia from C$146.00 to C$160.00 and gave the stock a “neutral” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$178.62.
View Our Latest Stock Analysis on Aritzia
Aritzia Price Performance
Aritzia (TSE:ATZ – Get Free Report) last announced its quarterly earnings data on Thursday, October 8th. The company reported C$1.31 EPS for the quarter. Aritzia had a return on equity of 42.25% and a net margin of 13.62%. The business had revenue of C$1.17 billion during the quarter. Research analysts predict that Aritzia will post 1.78 earnings per share for the current fiscal year.
Aritzia News Summary
Here are the key news stories impacting Aritzia this week:
- Positive Sentiment: Aritzia reported fiscal second-quarter revenue of approximately C$1.17 billion and EPS of C$1.31. Adjusted earnings reportedly jumped 122% year over year and exceeded analyst expectations, while net profit roughly tripled to C$201.7 million. Aritzia Fiscal Second-Quarter Adjusted Earnings Jumps 122% YoY, Beats Forecast
- Positive Sentiment: The retailer raised its sales outlook as U.S. revenue growth accelerated and it continued expanding its store footprint, reinforcing the growth strategy that is attracting investor interest. Aritzia Raises Sales Outlook as U.S. Growth Accelerates
- Positive Sentiment: Canaccord Genuity raised its price target from C$189 to C$194 and maintained a “buy” rating, signaling confidence that earnings momentum and U.S. expansion can support further gains.
- Positive Sentiment: Ventum Capital increased its target from C$146 to C$160, despite retaining a more cautious “neutral” rating.
- Neutral Sentiment: TD cut its target from C$200 to C$175 but continued to rate Aritzia “buy.” The lower target introduces a more cautious valuation view, while still implying meaningful upside. Aritzia Price Target Lowered at TD
- Neutral Sentiment: BMO also trimmed its target to C$191 from C$196 but maintained an “outperform” rating, suggesting analysts remain broadly positive despite moderating expectations.
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.
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