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

Aritzia Inc. (TSE:ATZ - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$68.22.

Several brokerages have commented on ATZ. Canaccord Genuity Group boosted their price objective on shares of Aritzia from C$62.00 to C$70.00 and gave the company a "buy" rating in a research report on Sunday, January 12th. BMO Capital Markets upped their price target on shares of Aritzia from C$68.00 to C$80.00 in a report on Friday. Raymond James upped their price target on shares of Aritzia from C$58.00 to C$65.00 and gave the stock a "market perform" rating in a report on Monday, January 13th. Stifel Nicolaus increased their price objective on Aritzia from C$66.00 to C$70.00 and gave the company a "buy" rating in a report on Monday, January 13th. Finally, CIBC increased their price objective on Aritzia from C$63.00 to C$75.00 and gave the company an "outperform" rating in a report on Sunday, January 12th.

Insider Transactions at Aritzia

In related news, Senior Officer Karen Kwan sold 29,966 shares of the company's stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of C$65.96, for a total value of C$1,976,557.36. Also, Senior Officer Todd Jeremy Ingledew sold 7,200 shares of the company's stock in a transaction dated Friday, January 17th. The stock was sold at an average price of C$68.50, for a total transaction of C$493,200.00. Insiders have sold 76,298 shares of company stock valued at $4,721,028 in the last 90 days. 0.94% of the stock is currently owned by corporate insiders.

Aritzia Price Performance

Shares of ATZ stock traded down C$0.98 during trading on Tuesday, hitting C$68.63. The company had a trading volume of 431,724 shares, compared to its average volume of 640,929. Aritzia has a one year low of C$31.82 and a one year high of C$73.44. The firm has a market capitalization of C$8.19 billion, a P/E ratio of 60.30, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. 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 stock's 50-day moving average price is C$61.58 and its 200 day moving average price is C$51.31.

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.