Aritzia (TSE:ATZ) Given a C$163.00 Price Target by BMO Capital Markets Analysts

BMO Capital Markets set a C$163.00 price objective on Aritzia (TSE:ATZ) in a research report report published on Thursday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other research firms have also recently weighed in on ATZ. Raymond James Financial lifted their price objective on Aritzia from C$110.00 to C$130.00 and gave the company an “outperform” rating in a research report on Wednesday, January 7th. Desjardins increased their target price on shares of Aritzia from C$125.00 to C$133.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Jefferies Financial Group raised their target price on shares of Aritzia from C$114.00 to C$140.00 in a research note on Tuesday, January 6th. Stifel Nicolaus lifted their price target on shares of Aritzia from C$132.00 to C$150.00 and gave the company a “buy” rating in a report on Sunday, January 11th. Finally, Royal Bank Of Canada upped their price target on shares of Aritzia from C$116.00 to C$150.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$139.67.

Aritzia Trading Down 0.5%

Shares of Aritzia stock opened at C$110.25 on Thursday. Aritzia has a 1-year low of C$36.51 and a 1-year high of C$139.59. The company’s fifty day simple moving average is C$118.77 and its 200-day simple moving average is C$105.96. The company has a debt-to-equity ratio of 77.42, a current ratio of 1.44 and a quick ratio of 0.19. The stock has a market capitalization of C$12.76 billion, a PE ratio of 37.63, a P/E/G ratio of 1.19 and a beta of 2.06.

Aritzia (TSE:ATZ) last announced its earnings results on Thursday, January 8th. The company reported C$1.10 EPS for the quarter. The company had revenue of C$1.04 billion for the quarter. Aritzia had a return on equity of 29.12% and a net margin of 10.18%. As a group, equities analysts anticipate that Aritzia will post 1.7771148 earnings per share for the current year.

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.