Aritzia (TSE:ATZ) Given New C$68.00 Price Target at TD Securities

Aritzia (TSE:ATZ - Get Free Report) had its target price upped by TD Securities from C$58.00 to C$68.00 in a note issued to investors on Monday,BayStreet.CA reports. TD Securities' price target points to a potential upside of 16.90% from the stock's current price.

Other research analysts also recently issued research reports about the stock. Stifel Nicolaus boosted their target price on shares of Aritzia from C$50.00 to C$58.00 in a research report on Friday, October 11th. Royal Bank of Canada upgraded shares of Aritzia from a "sector perform" rating to an "outperform" rating in a report on Thursday, October 31st. BMO Capital Markets raised their target price on Aritzia from C$57.00 to C$60.00 in a research note on Thursday, December 19th. Finally, CIBC upped their price target on Aritzia from C$47.00 to C$60.00 in a research note on Friday, October 11th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$57.89.

Aritzia Trading Up 1.0 %

Shares of Aritzia stock traded up C$0.57 during midday trading on Monday, reaching C$58.17. The company had a trading volume of 886,700 shares, compared to its average volume of 710,153. The stock has a fifty day moving average price of C$48.53 and a 200 day moving average price of C$46.05. Aritzia has a fifty-two week low of C$24.96 and a fifty-two week high of C$59.18. The firm has a market cap of C$5.34 billion, a PE ratio of 85.54, 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 current ratio of 1.40 and a quick ratio of 0.19.

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

Insider Activity at Aritzia

In related news, Senior Officer Karen Kwan sold 3,800 shares of the firm's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$46.00, for a total transaction of C$174,800.00. Also, Director Jennifer Wong sold 20,000 shares of the business's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of C$46.00, for a total transaction of C$920,000.00. Insiders have sold a total of 77,300 shares of company stock valued at $3,565,800 over the last 90 days. Insiders own 0.94% of the company's stock.

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.