Aritzia Inc. (TSE:ATZ) Receives C$66.56 Consensus Price Target from Brokerages

Aritzia Inc. (TSE:ATZ) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$66.56.

ATZ has been the topic of a number of research reports. TD Securities boosted their target price on shares of Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. BMO Capital Markets upped their price target on Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. CIBC raised their price objective on Aritzia from C$63.00 to C$75.00 and gave the company an “outperform” rating in a research note on Sunday, January 12th. Stifel Nicolaus upped their target price on Aritzia from C$66.00 to C$70.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Finally, Raymond James increased their target price on Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a report on Monday, January 13th.

Insider Buying and Selling at Aritzia

In other Aritzia news, Senior Officer Karen Kwan sold 3,800 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$46.00, for a total value of C$174,800.00. Also, Director Jennifer Wong sold 2,000 shares of Aritzia stock in a transaction 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. In the last three months, insiders have sold 119,875 shares of company stock worth $6,409,226. Corporate insiders own 0.94% of the company’s stock.

Aritzia Price Performance

Shares of TSE:ATZ opened at C$67.86 on Friday. The company has a market cap of C$6.23 billion, a price-to-earnings ratio of 99.79, a PEG ratio of 1.19 and a beta of 1.83. Aritzia has a one year low of C$31.82 and a one year high of C$69.00. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19. The firm has a 50 day simple moving average of C$51.98 and a 200 day simple moving average of C$47.64.

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.