Scotiabank sets CAD 175.00 target for Aritzia stock
Published on 10/17/2026 at 19:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and upcoming date
- On October 16, 2026, Scotiabank set a CAD 175.00 target for Aritzia.
- Aritzia scheduled its Investor Day for October 27, 2026.
- Aritzia stock last traded at CAD 149.08 on October 16, 2026 at 4:00 p.m. ET, down 0.84 percent versus the TSX prior close.
- Aritzia's market capitalization was CAD 14.1 billion on October 16, 2026.
Scotiabank set a CAD 175.00 target for Aritzia on October 16, 2026, according to MarketBeat, leaving 17.38 percent upside from the October 16 TSX price of CAD 149.08. Aritzia last traded at CAD 149.08 on October 16, 2026 at 4:00 p.m. ET, down 0.84 percent versus the prior close of CAD 150.35.
Revenue growth remains the second signal
Aritzia's second-quarter fiscal 2027 results gave the analyst view a strong operating backdrop. The company reported net revenue of CAD 1.17 billion for the quarter ended August 30, 2026, up 44.1 percent from the same period a year earlier, according to Aritzia. Adjusted EBITDA reached CAD 246.2 million, up 99.7 percent, while its adjusted margin rose to 21.0 percent from 15.2 percent.
The release also set the next dated checkpoint. Aritzia plans to present its Investor Day on October 27, 2026, when management is expected to discuss its longer-term plan. The company also guided for fiscal 2027 revenue of CAD 4.78 billion to CAD 4.88 billion, representing growth of 29.0 percent to 32.0 percent from fiscal 2026.
Stock sits below its yearly high
On October 16, 2026, the TSX session range was CAD 147.88 to CAD 155.37, with volume of 803,116 shares against an average of 710,788. The latest price was 14.58 percent below the 52-week high of CAD 174.52 and 66.66 percent above the 52-week low of CAD 89.45.
Valuation and peer perspective
Aritzia's market capitalization was CAD 14.1 billion on October 16, 2026, and its price-to-earnings ratio was 30.06. The Scotiabank target of CAD 175.00 sits 17.38 percent above the latest TSX price, making the analyst view a measurable valuation marker rather than a general sentiment signal.
Comparison with peers
Aritzia (TSX, CAD): minus 0.84 percent, P/E 30.06, market capitalization CAD 14.1 billion
Lululemon Athletica (Nasdaq, USD): minus 2.01 percent, P/E 7.98, market capitalization USD 11.2 billion
Abercrombie & Fitch (NYSE, USD): plus 0.84 percent, P/E 13.12, market capitalization USD 6.5 billion
What comes next for the stock
The October 27 Investor Day is the next scheduled date, while the October 16 price leaves the stock below its yearly high and above its yearly low. The combination gives investors a clear checklist of operating delivery, valuation and the next company update.
Market context: Market report S&P/TSX Composite.
