Aritzia Inc. (TSE:ATZ) Given Consensus Rating of "Moderate Buy" by Analysts

Aritzia Inc. (TSE:ATZ - Get Free Report) has been assigned an average rating of "Moderate Buy" from the nine ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and eight have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$82.40.

Several equities analysts have commented on the stock. Royal Bank Of Canada increased their target price on shares of Aritzia from C$85.00 to C$94.00 in a research report on Sunday. Stifel Nicolaus increased their target price on shares of Aritzia from C$67.00 to C$82.00 in a research report on Friday. BMO Capital Markets increased their target price on shares of Aritzia from C$80.00 to C$84.00 in a research report on Thursday. CIBC increased their target price on shares of Aritzia from C$79.00 to C$87.00 in a research report on Friday. Finally, Raymond James Financial increased their target price on shares of Aritzia from C$78.00 to C$87.00 and gave the stock an "outperform" rating in a research report on Friday.

Insider Activity

In related news, Senior Officer David John Maciver sold 10,000 shares of Aritzia stock in a transaction on Monday, May 12th. The shares were sold at an average price of C$64.09, for a total transaction of C$640,900.00. Also, Senior Officer Todd Jeremy Ingledew sold 30,000 shares of Aritzia stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of C$67.92, for a total transaction of C$2,037,600.00. Over the last 90 days, insiders sold 60,000 shares of company stock valued at $4,042,550. Insiders own 0.94% of the company's stock.

Aritzia Price Performance

ATZ traded down C$2.06 during trading on Friday, reaching C$73.08. The stock had a trading volume of 789,549 shares, compared to its average volume of 670,860. The firm has a market capitalization of C$8.72 billion, a price-to-earnings ratio of 64.21, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. Aritzia has a 1-year low of C$36.51 and a 1-year high of C$78.88. The stock has a 50 day moving average of C$67.28 and a two-hundred day moving average of C$61.01.

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.