Aritzia (TSE:ATZ - Free Report) had its price objective increased by TD Securities from C$81.00 to C$93.00 in a report released on Friday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.
A number of other analysts have also issued reports on the company. Raymond James Financial raised their target price on Aritzia from C$78.00 to C$87.00 and gave the company an "outperform" rating in a report on Friday. CIBC raised their target price on Aritzia from C$79.00 to C$87.00 in a report on Friday. Desjardins raised their target price on Aritzia from C$66.00 to C$84.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Royal Bank Of Canada raised their target price on Aritzia from C$68.00 to C$85.00 and gave the company an "outperform" rating in a report on Monday, July 7th. Finally, BMO Capital Markets raised their target price on Aritzia from C$80.00 to C$84.00 in a report on Thursday. One research analyst has rated the stock with a sell rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$82.40.
Read Our Latest Stock Report on ATZ
Aritzia Stock Performance
Shares of ATZ stock traded down C$2.06 during trading on Friday, reaching C$73.08. The company had a trading volume of 789,549 shares, compared to its average volume of 670,860. The firm's 50 day simple moving average is C$67.28 and its two-hundred day simple moving average is C$61.01. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. Aritzia has a one year low of C$36.51 and a one year high of C$78.88. The company has a market capitalization of C$8.72 billion, a PE ratio of 64.21, a PEG ratio of 1.19 and a beta of 1.83.
Insider Transactions at Aritzia
In other news, Director Jennifer Wong sold 15,000 shares of Aritzia stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of C$68.25, for a total transaction of C$1,023,750.00. Also, Senior Officer David John Maciver sold 5,000 shares of Aritzia stock in a transaction that occurred 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. In the last quarter, insiders have sold 60,000 shares of company stock valued at $4,042,550. 0.94% of the stock is owned by corporate insiders.
About Aritzia
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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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