Stifel Nicolaus Boosts Aritzia (TSE:ATZ) Price Target to C$82.00

Aritzia (TSE:ATZ - Get Free Report) had its price target raised by stock analysts at Stifel Nicolaus from C$67.00 to C$82.00 in a research note issued on Friday,BayStreet.CA reports. Stifel Nicolaus' price target points to a potential upside of 8.08% from the stock's previous close.

A number of other equities analysts also recently commented on the company. CIBC lifted their price objective on Aritzia from C$57.00 to C$66.00 in a research report on Friday, May 2nd. TD Securities raised their target price on Aritzia from C$70.00 to C$81.00 and gave the stock a "buy" rating in a research note on Monday, June 9th. Royal Bank Of Canada raised their target price on Aritzia from C$68.00 to C$85.00 and gave the stock an "outperform" rating in a research note on Monday. Desjardins raised their target price on Aritzia from C$66.00 to C$84.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, BMO Capital Markets lifted their price objective on Aritzia from C$80.00 to C$84.00 in a research note on Thursday. One investment 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.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$81.50.

Aritzia Price Performance

Shares of TSE ATZ traded up C$1.82 during midday trading on Friday, hitting C$75.87. The stock had a trading volume of 806,766 shares, compared to its average volume of 667,221. 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 stock has a 50 day simple moving average of C$66.91 and a 200-day simple moving average of C$60.75. Aritzia has a 1 year low of C$36.51 and a 1 year 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.

Insider Transactions at Aritzia

In other news, Senior Officer Todd Jeremy Ingledew sold 30,000 shares of the business's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of C$67.92, for a total value of C$2,037,600.00. Also, Senior Officer David John Maciver sold 10,000 shares of the business's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of C$64.09, for a total value of C$640,900.00. In 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 corporate 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.

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