Aritzia Inc. (TSE:ATZ) Given Average Rating of "Moderate Buy" by Analysts

Aritzia Inc. (TSE:ATZ - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$69.60.

A number of research analysts have recently commented on ATZ shares. Royal Bank of Canada upped their price target on shares of Aritzia from C$65.00 to C$73.00 and gave the stock an "outperform" rating in a report on Monday, January 13th. TD Securities upped their target price on shares of Aritzia from C$68.00 to C$75.00 and gave the stock a "buy" rating in a research note on Sunday, January 12th. CIBC lifted their price target on shares of Aritzia from C$63.00 to C$75.00 and gave the company an "outperform" rating in a research note on Sunday, January 12th. Raymond James boosted their price target on Aritzia from C$58.00 to C$65.00 and gave the company a "market perform" rating in a report on Monday, January 13th. Finally, BMO Capital Markets raised their price objective on Aritzia from C$68.00 to C$80.00 in a report on Friday, February 14th.

Insider Transactions at Aritzia

In related news, Senior Officer Margot Johnson sold 3,500 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of C$72.14, for a total transaction of C$252,490.00. Also, Senior Officer Karen Kwan sold 29,966 shares of the stock in a transaction that occurred on 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. In the last three months, insiders sold 56,298 shares of company stock valued at $3,801,028. Corporate insiders own 0.94% of the company's stock.

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Aritzia Trading Down 2.1 %

Aritzia stock traded down C$1.11 during mid-day trading on Friday, hitting C$52.50. The company's stock had a trading volume of 1,266,514 shares, compared to its average volume of 671,413. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29. The company has a 50 day moving average of C$65.96 and a 200-day moving average of C$53.83. Aritzia has a one year low of C$31.82 and a one year high of C$73.44. The stock has a market cap of C$6.26 billion, a PE ratio of 46.13, a P/E/G ratio of 1.19 and a beta of 1.83.

About Aritzia

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.