Aritzia (TSE:ATZ) Given a C$110.00 Price Target at Wells Fargo & Company

by · The Markets Daily

Wells Fargo & Company set a C$110.00 price target on Aritzia (TSE:ATZ – Free Report) in a research report sent to investors on Friday,BayStreet.CA reports. The brokerage currently has an equal weight rating on the stock.

A number of other research analysts have also weighed in on the stock. Truist Financial raised their price target on shares of Aritzia from C$102.00 to C$116.00 in a research note on Thursday, October 30th. Desjardins raised their target price on Aritzia from C$91.00 to C$95.00 in a research report on Friday, October 10th. Canaccord Genuity Group lowered their price target on Aritzia from C$95.00 to C$93.00 in a research note on Friday, October 10th. CIBC increased their price objective 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. Finally, Jefferies Financial Group raised their price objective on Aritzia from C$87.00 to C$92.00 in a report on Friday, October 10th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Aritzia has an average rating of “Moderate Buy” and a consensus price target of C$97.25.

View Our Latest Research Report on ATZ

Aritzia Price Performance

Shares of ATZ opened at C$113.82 on Friday. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. The company’s fifty day moving average price is C$99.19 and its 200-day moving average price is C$83.91. Aritzia has a 1-year low of C$36.51 and a 1-year high of C$117.08. The firm has a market capitalization of C$13.12 billion, a PE ratio of 47.43, a price-to-earnings-growth ratio of 1.19 and a beta of 1.97.

Aritzia (TSE:ATZ – Get Free Report) last released its earnings results on Thursday, October 9th. The company reported C$0.59 EPS for the quarter. Aritzia had a return on equity of 15.24% and a net margin of 5.24%.The firm had revenue of C$812.05 million during the quarter. On average, equities research analysts predict that Aritzia will post 1.7771148 EPS for the current year.

Aritzia Company Profile

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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.

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