Desjardins Reiterates “C$82.00” Price Target for Aritzia (TSE:ATZ)

Desjardins set a C$82.00 price objective on Aritzia (TSE:ATZ) in a research note published on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Desjardins also issued estimates for Aritzia’s FY2025 earnings at $1.55 EPS and FY2026 earnings at $2.29 EPS.

A number of other research firms have also recently weighed in on ATZ. Stifel Nicolaus boosted their target price on shares of Aritzia from C$66.00 to C$70.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Canaccord Genuity Group upped their price objective on Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a research note on Sunday, January 12th. Raymond James raised their target price on Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. BMO Capital Markets upped their price target on Aritzia from C$68.00 to C$80.00 in a research report on Friday, February 14th. Finally, CIBC increased their price target on Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a research note on Sunday, January 12th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Aritzia presently has an average rating of “Moderate Buy” and an average price target of C$69.60.

Aritzia Trading Up 1.3 %

TSE ATZ opened at C$66.64 on Wednesday. The business’s fifty day moving average is C$64.66 and its 200-day moving average is C$52.74. 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 stock has a market capitalization of C$7.95 billion, a price-to-earnings ratio of 58.55, a PEG ratio of 1.19 and a beta of 1.83. Aritzia has a one year low of C$31.82 and a one year high of C$73.44.

Insider Activity

In other Aritzia news, Senior Officer Philippa (Pippa) Morgan sold 3,023 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of C$70.10, for a total value of C$211,912.30. Also, Senior Officer Karen Kwan sold 29,966 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of C$65.96, for a total transaction of C$1,976,557.36. Over the last three months, insiders sold 56,298 shares of company stock worth $3,801,028. 0.94% of the stock is owned by corporate insiders.

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.