Aritzia (TSE:ATZ) Price Target Raised to C$81.00 at TD Securities

Aritzia (TSE:ATZ - Free Report) had its price target upped by TD Securities from C$70.00 to C$81.00 in a research note issued to investors on Monday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the company. UBS Group raised their price target on Aritzia from C$61.00 to C$66.00 in a research note on Friday, May 2nd. Royal Bank of Canada increased their target price on Aritzia from C$65.00 to C$68.00 and gave the stock an "outperform" rating in a research note on Sunday, May 4th. Stifel Nicolaus reduced their price objective on shares of Aritzia from C$73.00 to C$66.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. BMO Capital Markets decreased their target price on Aritzia from C$74.00 to C$67.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Finally, CIBC increased their price target on shares of Aritzia from C$57.00 to C$66.00 in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$67.40.

Aritzia Stock Performance

Shares of ATZ stock traded down C$1.32 on Monday, hitting C$68.48. The company had a trading volume of 317,958 shares, compared to its average volume of 711,774. Aritzia has a twelve month low of C$36.29 and a twelve month high of C$73.44. The firm has a market cap of C$8.17 billion, a P/E ratio of 60.17, 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. The company has a 50-day moving average price of C$55.54 and a 200-day moving average price of C$57.57.

Insider Activity at Aritzia

In related news, Senior Officer David John Maciver sold 10,000 shares of the business's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of C$64.09, for a total value of C$640,900.00. Also, Director Jennifer Wong sold 15,000 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of C$68.25, for a total value of C$1,023,750.00. Over the last quarter, insiders have sold 60,000 shares of company stock worth $4,042,550. Company insiders own 0.94% of the company's stock.

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.