Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan Sells 1,937 Shares

Key Points

• Aritzia Inc. Senior Officer Philippa (Pippa) Morgan sold 1,937 shares at an average price of C$73.42, totaling approximately C$142,214.54.
• Recent analyst reports have resulted in several price target increases for Aritzia, with TD Securities raising it from C$81.00 to C$93.00 while maintaining a "buy" rating.
• Aritzia's stock reached C$74.37 in trading, with a market cap of C$8.87 billion and a current consensus rating of "Moderate Buy".

Aritzia Inc. (TSE:ATZ - Get Free Report) Senior Officer Philippa (Pippa) Morgan sold 1,937 shares of the stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of C$73.42, for a total transaction of C$142,214.54.

Philippa (Pippa) Morgan also recently made the following trade(s):

• On Wednesday, July 16th, Philippa (Pippa) Morgan sold 2,231 shares of Aritzia stock. The stock was sold at an average price of C$72.18, for a total value of C$161,033.58.

Aritzia Stock Performance

Shares of Aritzia stock traded up C$0.94 during trading on Thursday, reaching C$74.37. The company's stock had a trading volume of 471,072 shares, compared to its average volume of 644,790. The company has a 50-day moving average price of C$70.26 and a two-hundred day moving average price of C$62.51. The firm has a market cap of C$8.87 billion, a PE ratio of 65.35, a P/E/G ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a fifty-two week low of C$36.51 and a fifty-two week high of C$78.88. The company has a current ratio of 1.29, a quick ratio of 0.19 and a debt-to-equity ratio of 93.51.

Wall Street Analyst Weigh In

ATZ has been the subject of a number of recent research reports. TD Securities lifted their price target on shares of Aritzia from C$81.00 to C$93.00 and gave the stock a "buy" rating in a research note on Friday, July 11th. Desjardins lifted their price target on shares of Aritzia from C$66.00 to C$84.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Stifel Nicolaus lifted their price target on shares of Aritzia from C$67.00 to C$82.00 in a research note on Friday, July 11th. BMO Capital Markets raised their price objective on shares of Aritzia from C$80.00 to C$84.00 in a report on Thursday, July 10th. Finally, Raymond James Financial raised their price objective on shares of Aritzia from C$78.00 to C$87.00 and gave the stock an "outperform" rating in a report on Friday, July 11th. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Aritzia currently has a consensus rating of "Moderate Buy" and an average target price of C$85.78.

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.

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