Aritzia (TSE:ATZ - Get Free Report) had its target price reduced by analysts at Royal Bank of Canada from C$73.00 to C$65.00 in a research report issued on Monday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank of Canada's price objective suggests a potential upside of 36.27% from the stock's previous close.
A number of other research firms have also weighed in on ATZ. Stifel Nicolaus set a C$73.00 price objective on Aritzia and gave the company a "buy" rating in a research note on Thursday. BMO Capital Markets cut their price objective on Aritzia from C$80.00 to C$74.00 in a research note on Thursday, April 17th. Raymond James upgraded Aritzia from a "market perform" rating to an "outperform" rating and decreased their target price for the company from C$65.00 to C$55.00 in a research report on Tuesday, April 22nd. Canaccord Genuity Group boosted their price target on Aritzia from C$62.00 to C$70.00 and gave the stock a "buy" rating in a research report on Sunday, January 12th. Finally, Desjardins set a C$82.00 price objective on Aritzia and gave the company a "buy" rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of C$64.80.
Read Our Latest Analysis on Aritzia
Aritzia Stock Up 0.7 %
Shares of ATZ stock traded up C$0.31 on Monday, hitting C$47.70. The stock had a trading volume of 245,076 shares, compared to its average volume of 754,909. The business has a 50 day moving average price of C$52.27 and a 200 day moving average price of C$53.82. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. The company has a market cap of C$5.69 billion, a PE ratio of 41.91, a P/E/G ratio of 1.19 and a beta of 1.83. Aritzia has a one year low of C$31.82 and a one year high of C$73.44.
Insider Buying and Selling at Aritzia
In related news, Senior Officer Margot Johnson sold 3,500 shares of the company's stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of C$72.14, for a total transaction of C$252,490.00. 0.94% of the stock is owned by insiders.
About Aritzia
(
Get Free Report)
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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