Aritzia (TSE:ATZ) Given New C$110.00 Price Target at Raymond James Financial

Aritzia (TSE:ATZ) had its target price increased by Raymond James Financial from C$100.00 to C$110.00 in a report issued on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other brokerages have also issued reports on ATZ. BMO Capital Markets boosted their price target on Aritzia from C$100.00 to C$104.00 in a research note on Friday, October 10th. Desjardins boosted their price target on Aritzia from C$91.00 to C$95.00 in a research note on Friday, October 10th. CIBC boosted their price target on Aritzia from C$87.00 to C$94.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Canaccord Genuity Group lowered their target price on Aritzia from C$95.00 to C$93.00 in a research report on Friday, October 10th. Finally, TD Securities upped their target price on Aritzia from C$81.00 to C$93.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. Nine research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$94.82.

Aritzia Price Performance

Shares of ATZ opened at C$96.86 on Tuesday. Aritzia has a 52-week low of C$36.51 and a 52-week high of C$97.22. 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 moving average price is C$85.43 and its two-hundred day moving average price is C$72.52. The firm has a market cap of C$11.17 billion, a PE ratio of 40.36, a price-to-earnings-growth ratio of 1.19 and a beta of 1.89.

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.