Aritzia (TSE:ATZ) Price Target Raised to C$93.00

Aritzia (TSE:ATZ - Get Free Report) had its price target boosted by research analysts at TD Securities from C$81.00 to C$93.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. TD Securities' target price suggests a potential upside of 22.58% from the stock's previous close.

ATZ has been the subject of a number of other reports. Stifel Nicolaus boosted their price target on shares of Aritzia from C$67.00 to C$82.00 in a research report on Friday. Desjardins upped their target price on shares of Aritzia from C$66.00 to C$84.00 and gave the company a "buy" rating in a report on Wednesday. BMO Capital Markets upped their target price on shares of Aritzia from C$80.00 to C$84.00 in a report on Thursday. UBS Group upped their target price on shares of Aritzia from C$61.00 to C$66.00 in a report on Friday, May 2nd. Finally, Royal Bank Of Canada upped their target price on shares of Aritzia from C$68.00 to C$85.00 and gave the company an "outperform" rating in a report on Monday. One research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$81.50.

Aritzia Stock Up 2.5%

Shares of TSE:ATZ traded up C$1.82 during trading on Friday, hitting C$75.87. The company's stock had a trading volume of 806,766 shares, compared to its average volume of 667,221. The business has a 50 day moving average price of C$66.91 and a two-hundred day moving average price of C$60.75. The company has a market capitalization of C$9.05 billion, a PE ratio of 66.66, a P/E/G ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29. Aritzia has a fifty-two week low of C$36.51 and a fifty-two week high of C$78.88.

Insider Buying and Selling at Aritzia

In other Aritzia news, Director Jennifer Wong sold 15,000 shares of the 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 transaction of C$1,023,750.00. Also, Senior Officer Todd Jeremy Ingledew sold 30,000 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$67.92, for a total transaction of C$2,037,600.00. Over the last three months, insiders sold 60,000 shares of company stock valued at $4,042,550. Corporate insiders own 0.94% of the company's stock.

Aritzia Company Profile

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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