Analysts Set Aritzia Inc. (TSE:ATZ) PT at C$66.56

Aritzia Inc. (TSE:ATZ) has received an average rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$66.56.

ATZ has been the subject of a number of research reports. Stifel Nicolaus raised their target price on shares of Aritzia from C$66.00 to C$70.00 and gave the stock a “buy” rating in a report on Monday, January 13th. BMO Capital Markets raised their price objective on Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. CIBC boosted their target price on Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Sunday, January 12th. Canaccord Genuity Group increased their price target on Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a research report on Sunday, January 12th. Finally, TD Securities boosted their price objective on Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a report on Sunday, January 12th.

Aritzia Price Performance

Shares of TSE ATZ opened at C$69.82 on Friday. Aritzia has a twelve month low of C$31.82 and a twelve month high of C$70.80. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38. The firm has a 50-day moving average of C$53.41 and a two-hundred day moving average of C$48.14. The company has a market capitalization of C$6.41 billion, a price-to-earnings ratio of 102.68, a PEG ratio of 1.19 and a beta of 1.83.

Insider Activity

In other news, Senior Officer Karen Kwan sold 3,800 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$46.00, for a total transaction of C$174,800.00. Also, Director Jennifer Wong sold 20,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of C$46.00, for a total value of C$920,000.00. Insiders have sold 130,098 shares of company stock worth $7,114,338 in the last 90 days. Company insiders own 0.94% of the company’s stock.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.