Aritzia (TSE:ATZ) Given New C$82.00 Price Target at Stifel Nicolaus

Aritzia (TSE:ATZ - Free Report) had its price objective boosted by Stifel Nicolaus from C$67.00 to C$82.00 in a report released on Friday morning,BayStreet.CA reports.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada boosted their target price on shares of Aritzia from C$68.00 to C$85.00 and gave the company an "outperform" rating in a research note on Monday, July 7th. UBS Group boosted their target price on shares of Aritzia from C$61.00 to C$66.00 in a research note on Friday, May 2nd. Raymond James Financial boosted their target price on shares of Aritzia from C$60.00 to C$78.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd. TD Securities boosted their target price on shares of Aritzia from C$70.00 to C$81.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Finally, BMO Capital Markets boosted their target price on shares of Aritzia from C$80.00 to C$84.00 in a research note on Thursday. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Aritzia presently has an average rating of "Moderate Buy" and a consensus target price of C$82.40.

Aritzia Price Performance

Shares of Aritzia stock traded down C$2.06 on Friday, hitting C$73.08. The company's stock had a trading volume of 789,549 shares, compared to its average volume of 670,860. Aritzia has a 52-week low of C$36.51 and a 52-week high of C$78.88. 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 firm has a fifty day moving average price of C$67.28 and a 200-day moving average price of C$61.01. The company has a market capitalization of C$8.72 billion, a P/E ratio of 64.21, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83.

Insider Activity

In other news, Senior Officer David John Maciver sold 10,000 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of C$64.09, for a total transaction of C$640,900.00. Also, Senior Officer Todd Jeremy Ingledew sold 30,000 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$67.92, for a total transaction of C$2,037,600.00. Insiders sold a total of 60,000 shares of company stock valued at $4,042,550 in the last 90 days. 0.94% of the stock is currently owned by insiders.

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.