Aritzia Inc (ATZ) Given New C$21.00 Price Target at TD Securities
Aritzia Inc (TSE:ATZ) had its price target reduced by investment analysts at TD Securities from C$23.00 to C$21.00 in a research note issued on Friday. The firm presently has a “buy” rating on the stock. TD Securities’ price objective would suggest a potential upside of 47.89% from the company’s current price.
ATZ has been the subject of a number of other research reports. Royal Bank Of Canada reduced their target price on shares of Aritzia from C$23.00 to C$21.00 and set an “outperform” rating for the company in a research report on Wednesday, June 28th. Scotiabank reduced their target price on shares of Aritzia from C$23.00 to C$22.00 and set an “outperform” rating for the company in a research report on Thursday, July 13th. Canaccord Genuity reduced their target price on shares of Aritzia from C$23.00 to C$21.00 and set a “buy” rating for the company in a research report on Friday. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$23.00 target price on shares of Aritzia in a research report on Tuesday, July 11th. Eight investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus price target of C$21.71.
Shares of Aritzia (TSE:ATZ) traded down 5.63% during trading on Friday, hitting $13.40. 484,356 shares of the stock were exchanged. Aritzia has a 1-year low of $12.90 and a 1-year high of $19.40. The company’s market cap is $1.47 billion. The firm’s 50-day moving average is $14.19 and its 200 day moving average is $14.19.
In other news, Director Jennifer Michelle Wong Neal acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was acquired at an average price of C$12.65 per share, with a total value of C$126,500.00. Also, insider David John Maciver sold 81,026 shares of the company’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of C$14.00, for a total transaction of C$1,134,364.00. Insiders have purchased 12,100 shares of company stock valued at $152,580 in the last ninety days.
Aritzia Company Profile
Aritzia Inc operates as a design house and fashion retailer of womens apparel and accessories. It designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, outerwear, leggings, sweatshirts, bodysuits, rompers and jumpsuits, intimates, and active wear; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, IPhone cases, and gloves.
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