Aritzia (TSE:ATZ - Get Free Report) had its price objective raised by Desjardins from C$66.00 to C$84.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Desjardins' target price would indicate a potential upside of 12.63% from the stock's previous close.
A number of other brokerages have also recently commented on ATZ. CIBC boosted their price target on Aritzia from C$57.00 to C$66.00 in a research report on Friday, May 2nd. UBS Group raised their price objective on Aritzia from C$61.00 to C$66.00 in a research report on Friday, May 2nd. Raymond James Financial increased their price target on Aritzia from C$60.00 to C$78.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd. Canaccord Genuity Group reduced their price objective on Aritzia from C$70.00 to C$64.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Royal Bank Of Canada upped their price objective on Aritzia from C$68.00 to C$85.00 and gave the stock an "outperform" rating in a report on Monday. 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 data from MarketBeat, Aritzia currently has an average rating of "Moderate Buy" and a consensus target price of C$72.20.
Get Our Latest Analysis on ATZ
Aritzia Trading Up 0.7%
Shares of TSE ATZ traded up C$0.52 during midday trading on Wednesday, hitting C$74.58. 479,024 shares of the company traded hands, compared to its average volume of 667,225. Aritzia has a 12-month low of C$36.51 and a 12-month high of C$75.72. The stock has a 50-day moving average price of C$66.42 and a 200 day moving average price of C$60.60. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29. The firm has a market cap of C$8.90 billion, a P/E ratio of 65.53, a P/E/G ratio of 1.19 and a beta of 1.83.
Insider Buying and Selling at Aritzia
In related news, Senior Officer David John Maciver sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of C$68.06, for a total transaction of C$340,300.00. Also, Director Jennifer Wong sold 15,000 shares of the company's stock in a transaction dated 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. Over the last ninety days, insiders sold 60,000 shares of company stock valued at $4,042,550. 0.94% of the stock is currently 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.
Featured Stories

Before you consider Aritzia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aritzia wasn't on the list.
While Aritzia currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.