Aritzia Inc. (TSE:ATZ) Receives C$64.50 Consensus PT from Analysts

Aritzia Inc. (TSE:ATZ - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the nine brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$64.50.

Several research analysts have weighed in on the company. Raymond James increased their price objective on Aritzia from C$55.00 to C$60.00 and gave the stock an "outperform" rating in a research report on Friday, May 2nd. UBS Group increased their price objective on Aritzia from C$61.00 to C$66.00 in a research report on Friday, May 2nd. Desjardins lowered their price objective on Aritzia from C$82.00 to C$66.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. TD Securities increased their price objective on Aritzia from C$66.00 to C$70.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Finally, Royal Bank of Canada increased their price objective on Aritzia from C$65.00 to C$68.00 and gave the stock an "outperform" rating in a research report on Sunday, May 4th.

Insider Activity

In other news, Senior Officer David John Maciver sold 10,000 shares of Aritzia stock in a transaction on Monday, May 12th. The stock was sold at an average price of C$64.09, for a total value of C$640,900.00. Corporate insiders own 0.94% of the company's stock.

Aritzia Stock Performance

ATZ traded down C$0.52 during trading hours on Thursday, reaching C$66.48. The company's stock had a trading volume of 590,106 shares, compared to its average volume of 743,989. Aritzia has a 52 week low of C$31.88 and a 52 week high of C$73.44. The company's 50-day moving average is C$52.19 and its 200-day moving average is C$56.02. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29. The firm has a market cap of C$7.93 billion, a PE ratio of 58.41, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83.

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.