Aritzia (TSE:ATZ) Given New C$163.00 Price Target at BMO Capital Markets

Aritzia (TSE:ATZ) had its target price increased by BMO Capital Markets from C$160.00 to C$163.00 in a research note published on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other equities analysts also recently commented on ATZ. TD Securities raised their target price on shares of Aritzia from C$133.00 to C$155.00 and gave the company a “buy” rating in a research report on Friday, January 9th. Desjardins increased their price target on Aritzia from C$125.00 to C$133.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Raymond James Financial boosted their price objective on Aritzia from C$110.00 to C$130.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 7th. Royal Bank Of Canada upped their target price on Aritzia from C$116.00 to C$150.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, The Goldman Sachs Group raised Aritzia to a “strong-buy” rating in a research note on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Aritzia currently has an average rating of “Buy” and an average price target of C$139.67.

Aritzia Stock Performance

Shares of Aritzia stock opened at C$123.97 on Monday. The company has a current ratio of 1.29, a quick ratio of 0.19 and a debt-to-equity ratio of 93.51. The company has a market cap of C$14.35 billion, a PE ratio of 42.31, a price-to-earnings-growth ratio of 1.19 and a beta of 2.09. The company has a 50 day moving average of C$119.01 and a 200-day moving average of C$101.32. Aritzia has a 1-year low of C$36.51 and a 1-year high of C$139.59.

Aritzia (TSE:ATZ) last announced its quarterly earnings data on Thursday, January 8th. The company reported C$1.10 EPS for the quarter. Aritzia had a net margin of 5.24% and a return on equity of 15.24%. The business had revenue of C$1.04 billion during the quarter. As a group, equities research analysts forecast that Aritzia will post 1.7771148 earnings per share for the current fiscal year.

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.