Aritzia’s (ATZ) Outperform Rating Reiterated at BMO Capital Markets
Aritzia Inc (TSE:ATZ)‘s stock had its “outperform” rating reiterated by stock analysts at BMO Capital Markets in a research report issued on Tuesday. They presently have a C$23.00 target price on the stock. BMO Capital Markets’ target price indicates a potential upside of 53.85% from the company’s current price.
Other equities research analysts have also issued research reports about the company. CIBC decreased their price objective on Aritzia from C$26.00 to C$22.00 in a report on Thursday, May 11th. TD Securities reissued a “buy” rating and issued a C$23.00 price objective on shares of Aritzia in a report on Thursday, May 4th. Royal Bank Of Canada decreased their price objective on Aritzia from C$23.00 to C$21.00 and set an “outperform” rating for the company in a report on Wednesday, June 28th. William Blair reissued an “outperform” rating on shares of Aritzia in a report on Wednesday, May 10th. Finally, Scotiabank reaffirmed an “outperform” rating and set a C$23.00 target price on shares of Aritzia in a report on Friday, April 28th. Eight research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus price target of C$22.57.
Aritzia (ATZ) traded down 1.94% during trading on Tuesday, hitting $14.66. 56,567 shares of the company’s stock traded hands. Aritzia has a 52-week low of $13.89 and a 52-week high of $19.40. The company’s 50 day moving average price is $15.05 and its 200 day moving average price is $15.72. The company’s market cap is $1.60 billion.
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Aritzia Company Profile
Aritzia Inc is a Canada-based design house and fashion retailer of exclusive brands. The Company conceives, creates, develops and sells a mix of women’s fashion products directly to its customers. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner.
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