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

Aritzia Inc. (TSE:ATZ) has received an average recommendation of “Buy” from the thirteen ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$174.08.

A number of brokerages have issued reports on ATZ. Truist Financial lifted their price target on shares of Aritzia from C$164.00 to C$185.00 in a report on Friday, May 8th. Stifel Nicolaus lifted their price target on shares of Aritzia from C$158.00 to C$180.00 in a report on Friday, May 8th. Desjardins lifted their price target on shares of Aritzia from C$148.00 to C$175.00 and gave the company a “buy” rating in a report on Friday, May 8th. TD lifted their price target on shares of Aritzia from C$155.00 to C$183.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, Royal Bank Of Canada lifted their price target on shares of Aritzia from C$175.00 to C$193.00 and gave the company an “outperform” rating in a report on Sunday.

Aritzia Stock Performance

Shares of TSE ATZ opened at C$143.72 on Thursday. The company has a debt-to-equity ratio of 73.16, a quick ratio of 0.19 and a current ratio of 1.43. The company has a market cap of C$16.46 billion, a P/E ratio of 44.91, a P/E/G ratio of 1.19 and a beta of 2.11. The firm’s fifty day moving average is C$125.17 and its two-hundred day moving average is C$117.53. Aritzia has a 52-week low of C$62.08 and a 52-week high of C$156.00.

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.