Aritzia Inc. (TSE:ATZ) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Aritzia Inc. (TSE:ATZ - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eight research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$66.56.

A number of research analysts have issued reports on ATZ shares. TD Securities upped their price objective on Aritzia from C$68.00 to C$75.00 and gave the company a "buy" rating in a research note on Sunday, January 12th. Stifel Nicolaus increased their price target on shares of Aritzia from C$66.00 to C$70.00 and gave the company a "buy" rating in a research report on Monday. CIBC lifted their price objective on shares of Aritzia from C$63.00 to C$75.00 and gave the stock an "outperform" rating in a research report on Sunday, January 12th. BMO Capital Markets boosted their target price on shares of Aritzia from C$60.00 to C$65.00 and gave the company an "outperform" rating in a research note on Thursday, January 9th. Finally, Royal Bank of Canada raised their price target on shares of Aritzia from C$65.00 to C$73.00 and gave the stock an "outperform" rating in a research note on Monday.

Aritzia Stock Performance

Shares of Aritzia stock traded down C$0.68 during mid-day trading on Friday, hitting C$67.86. 417,918 shares of the stock were exchanged, compared to its average volume of 881,343. The company has a market capitalization of C$6.23 billion, a P/E ratio of 99.79, a P/E/G ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40. The company has a 50-day simple moving average of C$51.52 and a 200 day simple moving average of C$47.30. Aritzia has a 12 month low of C$31.82 and a 12 month high of C$69.00.

Insider Transactions at Aritzia

In related news, Director Jennifer Wong sold 12,609 shares of the company's stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$68.75, for a total value of C$866,868.75. Also, Senior Officer Karen Kwan sold 3,800 shares of the company's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$46.00, for a total value of C$174,800.00. Over the last quarter, insiders have sold 119,875 shares of company stock valued at $6,409,226. 0.94% of the stock is currently owned by company insiders.

About Aritzia

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.