Aritzia Inc. (TSE:ATZ) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Aritzia Inc. (TSE:ATZ) have been assigned an average rating of “Moderate Buy” from the eight analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$40.60.

A number of brokerages recently issued reports on ATZ. UBS Group boosted their target price on shares of Aritzia from C$39.00 to C$50.00 in a research report on Thursday, February 8th. Canaccord Genuity Group boosted their target price on shares of Aritzia from C$36.00 to C$38.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Stifel Nicolaus boosted their target price on shares of Aritzia from C$34.00 to C$42.00 in a research note on Wednesday, April 3rd. BMO Capital Markets boosted their target price on shares of Aritzia from C$38.00 to C$41.00 and gave the company a “market perform” rating in a research note on Thursday, February 15th. Finally, Raymond James upped their price target on shares of Aritzia from C$35.00 to C$46.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 19th.

Insider Activity

In related news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of C$40.44, for a total transaction of C$63,409.92. 0.55% of the stock is currently owned by company insiders.

Aritzia Trading Up 0.9 %

TSE:ATZ opened at C$33.84 on Wednesday. Aritzia has a 12 month low of C$20.67 and a 12 month high of C$44.88. The firm has a market cap of C$3.05 billion, a price-to-earnings ratio of 41.78, a P/E/G ratio of 1.19 and a beta of 1.85. The company has a quick ratio of 0.19, a current ratio of 1.32 and a debt-to-equity ratio of 103.38. The company’s 50 day moving average is C$36.36 and its 200-day moving average is C$30.00.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.