Aritzia Inc. (TSE:ATZ) Receives C$40.60 Consensus Target Price from Analysts

Shares of Aritzia Inc. (TSE:ATZ) have been assigned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$40.60.

A number of equities research analysts recently issued reports on ATZ shares. Raymond James upped their price objective on shares of Aritzia from C$35.00 to C$46.00 and gave the company an “outperform” rating in a report on Tuesday, March 19th. CIBC upgraded shares of Aritzia from a “neutral” rating to an “outperform” rating and raised their price target for the stock from C$30.00 to C$37.00 in a report on Thursday, January 11th. Canaccord Genuity Group upped their price objective on Aritzia from C$36.00 to C$38.00 and gave the company a “buy” rating in a report on Thursday, January 11th. TD Securities lifted their target price on Aritzia from C$34.00 to C$45.00 and gave the company a “buy” rating in a research report on Wednesday, February 14th. Finally, Stifel Nicolaus upped their price target on Aritzia from C$34.00 to C$42.00 in a research note on Wednesday, April 3rd.

Aritzia Stock Down 1.8 %

Shares of TSE:ATZ opened at C$33.05 on Wednesday. Aritzia has a 52-week low of C$20.67 and a 52-week high of C$44.88. The stock has a market cap of C$2.97 billion, a P/E ratio of 40.80, a PEG ratio of 1.19 and a beta of 1.85. The business has a fifty day moving average of C$36.08 and a two-hundred day moving average of C$30.13. The company has a quick ratio of 0.19, a current ratio of 1.32 and a debt-to-equity ratio of 103.38.

Insider Buying and Selling

In other news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of C$40.44, for a total value of C$63,409.92. 0.55% of the stock is owned by corporate insiders.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.