Aritzia Inc. (TSE:ATZ) Given Consensus Rating of "Moderate Buy" by Brokerages

Aritzia Inc. (TSE:ATZ - Get Free Report) has been assigned an average rating of "Moderate Buy" from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$62.42.

Several analysts have commented on ATZ shares. Stifel Nicolaus set a C$73.00 price objective on shares of Aritzia and gave the company a "buy" rating in a research note on Thursday, March 13th. BMO Capital Markets upped their price target on shares of Aritzia from C$68.00 to C$80.00 in a report on Friday, February 14th. Raymond James lifted their price objective on Aritzia from C$58.00 to C$65.00 and gave the company a "market perform" rating in a research note on Monday, January 13th. Desjardins set a C$82.00 target price on Aritzia and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Finally, TD Securities reduced their price target on Aritzia from C$75.00 to C$74.00 and set a "buy" rating for the company in a research report on Friday, March 21st.

Insiders Place Their Bets

In other Aritzia news, Senior Officer Karen Kwan sold 29,966 shares of the business's stock in a transaction dated 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. Also, Senior Officer Margot Johnson sold 3,500 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of C$72.14, for a total transaction of C$252,490.00. Insiders sold a total of 56,298 shares of company stock valued at $3,801,028 over the last quarter. 0.94% of the stock is owned by insiders.

Aritzia Stock Performance

Shares of ATZ traded up C$7.19 during trading hours on Wednesday, reaching C$45.77. 1,555,061 shares of the company traded hands, compared to its average volume of 767,874. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. The business has a fifty day moving average price of C$59.56 and a 200-day moving average price of C$54.31. Aritzia has a 12-month low of C$31.82 and a 12-month high of C$73.44. The stock has a market capitalization of C$5.46 billion, a P/E ratio of 40.22, a P/E/G ratio of 1.19 and a beta of 1.83.

Aritzia Company Profile

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.