Stifel Nicolaus Analysts Give Aritzia (TSE:ATZ) a C$73.00 Price Target

Stifel Nicolaus set a C$73.00 price objective on Aritzia (TSE:ATZ) in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. TD Securities raised their target price on Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a research report on Sunday, January 12th. Raymond James raised their target price on Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. Canaccord Genuity Group raised 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 raised their target price on Aritzia from C$65.00 to C$73.00 and gave the stock an “outperform” rating in a research report on Monday, January 13th. Finally, Desjardins set a C$82.00 price target on Aritzia and gave the company a “buy” rating in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$62.52.

Aritzia Price Performance

Aritzia stock opened at C$52.40 on Thursday. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. The company has a market capitalization of C$6.25 billion, a PE ratio of 46.04, a price-to-earnings-growth 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$73.44. The business has a 50 day simple moving average of C$65.80 and a 200 day simple moving average of C$53.98.

Insider Activity

In other news, Senior Officer Margot Johnson sold 3,500 shares of Aritzia stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of C$72.14, for a total value of C$252,490.00. Also, Senior Officer Karen Kwan sold 29,966 shares of Aritzia stock in a transaction on 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. In the last ninety days, insiders sold 56,298 shares of company stock valued at $3,801,028. Company insiders own 0.94% of the company’s stock.

About Aritzia

Aritzia 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.