Aritzia (TSE:ATZ - Get Free Report) had its target price increased by research analysts at Canaccord Genuity Group from C$84.00 to C$95.00 in a report issued on Friday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Canaccord Genuity Group's target price indicates a potential upside of 25.21% from the company's previous close.
Several other brokerages have also issued reports on ATZ. Royal Bank Of Canada boosted their price objective on Aritzia from C$68.00 to C$85.00 and gave the company an "outperform" rating in a research report on Monday. TD Securities boosted their price objective on Aritzia from C$70.00 to C$81.00 and gave the company a "buy" rating in a research report on Monday, June 9th. Raymond James Financial upped their price target on Aritzia from C$78.00 to C$87.00 and gave the stock an "outperform" rating in a research report on Friday. Stifel Nicolaus upped their price target on Aritzia from C$67.00 to C$82.00 in a research report on Friday. Finally, BMO Capital Markets upped their price target on Aritzia from C$80.00 to C$84.00 in a research report on Thursday. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Aritzia presently has an average rating of "Moderate Buy" and an average price target of C$81.50.
View Our Latest Analysis on Aritzia
Aritzia Trading Up 2.5%
Shares of Aritzia stock traded up C$1.82 during trading on Friday, hitting C$75.87. 806,766 shares of the company were exchanged, compared to its average volume of 667,221. The firm has a market capitalization of C$9.05 billion, a P/E ratio of 66.66, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. Aritzia has a 1-year low of C$36.51 and a 1-year high of C$78.88. The firm's fifty day moving average price is C$66.91 and its 200 day moving average price is C$60.75. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19.
Insider Activity at Aritzia
In other Aritzia news, Senior Officer David John Maciver sold 5,000 shares of the company's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of C$68.06, for a total value of C$340,300.00. Also, Director Jennifer Wong sold 15,000 shares of the company's stock in a transaction 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. In 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.
Aritzia Company Profile
(
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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