Analysts Set Aritzia Inc. (TSE:ATZ) Price Target at C$55.38

Shares of Aritzia Inc. (TSE:ATZ - Get Free Report) have earned a consensus rating of "Buy" from the seven research firms that are currently covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have covered the stock in the last year is C$55.38.

Several equities analysts have issued reports on the company. Royal Bank of Canada upgraded Aritzia from a "sector perform" rating to an "outperform" rating in a research note on Thursday, October 31st. TD Securities cut their target price on Aritzia from C$60.00 to C$58.00 in a research note on Friday, October 11th. Stifel Nicolaus lifted their target price on Aritzia from C$50.00 to C$58.00 in a research note on Friday, October 11th. CIBC lifted their target price on Aritzia from C$47.00 to C$60.00 in a research note on Friday, October 11th. Finally, BMO Capital Markets lifted their target price on Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th.

Aritzia Stock Down 0.7 %

Shares of ATZ stock traded down C$0.31 on Thursday, hitting C$45.77. The stock had a trading volume of 68,292 shares, compared to its average volume of 355,761. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38. The business has a 50 day moving average price of C$46.52 and a 200 day moving average price of C$42.85. The company has a market cap of C$4.20 billion, a PE ratio of 67.76, a P/E/G ratio of 1.19 and a beta of 1.83. Aritzia has a one year low of C$22.88 and a one year high of C$51.80.

Aritzia (TSE:ATZ - Get Free Report) last released its quarterly earnings data on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing the consensus estimate of C$0.13 by C($0.02). Aritzia had a net margin of 3.26% and a return on equity of 9.84%. The firm had revenue of C$615.66 million during the quarter, compared to the consensus estimate of C$581.10 million. Research analysts anticipate that Aritzia will post 1.7771148 earnings per share for the current fiscal year.

Insider Transactions at Aritzia

In related news, Director Jennifer Wong sold 2,000 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of C$46.00, for a total value of C$92,000.00. Also, Senior Officer Karen Kwan sold 6,500 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of C$46.00, for a total transaction of C$299,000.00. Over the last 90 days, insiders have sold 77,300 shares of company stock worth $3,565,800. Insiders own 0.94% of the company's stock.

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.