National Bank Financial Analysts Give Aritzia (TSE:ATZ) a C$143.00 Price Target

National Bank Financial set a C$143.00 target price on Aritzia (TSE:ATZ) in a research report released on Thursday morning, MarketBeat reports. The brokerage currently has an outperform rating on the stock.

A number of other analysts have also recently issued reports on the company. Canadian Imperial Bank of Commerce lifted their price objective on Aritzia from C$132.00 to C$148.00 in a research report on Friday, January 9th. Truist Financial lifted their price objective on Aritzia from C$116.00 to C$157.00 in a research report on Friday, January 9th. Wells Fargo & Company lifted their price objective on Aritzia from C$110.00 to C$120.00 in a research report on Friday, January 9th. Jefferies Financial Group lifted their price objective on Aritzia from C$114.00 to C$140.00 in a research report on Tuesday, January 6th. Finally, Desjardins lifted their price objective on Aritzia from C$125.00 to C$133.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$139.92.

Aritzia Price Performance

ATZ opened at C$127.42 on Thursday. The stock has a market cap of C$14.75 billion, a price-to-earnings ratio of 43.49, a PEG ratio of 1.19 and a beta of 1.95. Aritzia has a 1 year low of C$39.92 and a 1 year high of C$139.59. The company has a current ratio of 1.44, a quick ratio of 0.19 and a debt-to-equity ratio of 77.42. The stock has a fifty day moving average price of C$116.56 and a 200 day moving average price of C$109.36.

Aritzia (TSE:ATZ) last released its quarterly earnings data on Thursday, January 8th. The company reported C$1.10 earnings per share (EPS) for the quarter. The firm had revenue of C$1.04 billion during the quarter. Aritzia had a return on equity of 29.12% and a net margin of 10.18%. Analysts forecast that Aritzia will post 1.7771148 EPS for the current fiscal 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.