Shares of Aritzia Inc. (TSE:ATZ - Get Free Report) have been given an average recommendation of "Moderate Buy" by the eight brokerages that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$64.80.
A number of research firms have recently commented on ATZ. Canaccord Genuity Group lifted their target price on Aritzia from C$62.00 to C$70.00 and gave the stock a "buy" rating in a research report on Sunday, January 12th. Royal Bank of Canada cut their price target on shares of Aritzia from C$73.00 to C$65.00 and set an "outperform" rating for the company in a report on Monday. BMO Capital Markets reduced their target price on Aritzia from C$80.00 to C$74.00 in a report on Thursday, April 17th. Stifel Nicolaus set a C$73.00 price target on Aritzia and gave the stock a "buy" rating in a research note on Thursday, April 24th. Finally, Desjardins set a C$82.00 price objective on shares of Aritzia and gave the company a "buy" rating in a research note on Wednesday, February 26th.
Check Out Our Latest Analysis on Aritzia
Aritzia Stock Up 2.0 %
Shares of ATZ stock traded up C$0.97 on Friday, reaching C$48.66. 474,485 shares of the stock were exchanged, compared to its average volume of 754,161. Aritzia has a twelve month low of C$31.82 and a twelve month high of C$73.44. The company has a market capitalization of C$5.80 billion, a price-to-earnings ratio of 42.76, a PEG ratio of 1.19 and a beta of 1.83. The company has a current ratio of 1.29, a quick ratio of 0.19 and a debt-to-equity ratio of 93.51. The business's 50 day moving average price is C$51.81 and its 200 day moving average price is C$53.80.
About Aritzia
(
Get Free ReportAritzia 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.
Featured Articles
Before you consider Aritzia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aritzia wasn't on the list.
While Aritzia currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
