Aritzia Inc. (TSE:ATZ) Given Consensus Rating of "Moderate Buy" by Brokerages

Aritzia Inc. (TSE:ATZ - Get Free Report) has received an average recommendation of "Moderate Buy" from the eight brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$40.60.

ATZ has been the subject of a number of research analyst reports. Royal Bank of Canada reduced their price objective on shares of Aritzia from C$41.00 to C$40.00 and set a "sector perform" rating for the company in a research report on Wednesday, December 20th. Canaccord Genuity Group raised their price target on shares of Aritzia from C$36.00 to C$38.00 and gave the company a "buy" rating in a research note on Thursday, January 11th. UBS Group boosted their price objective on Aritzia from C$39.00 to C$50.00 in a research note on Thursday, February 8th. CIBC raised Aritzia from a "neutral" rating to an "outperform" rating and increased their target price for the company from C$30.00 to C$37.00 in a report on Thursday, January 11th. Finally, BMO Capital Markets lifted their price target on Aritzia from C$38.00 to C$41.00 and gave the stock a "market perform" rating in a research note on Thursday, February 15th.

Insiders Place Their Bets

In other Aritzia news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the firm's stock in a transaction on Friday, February 9th. The stock was sold at an average price of C$40.44, for a total value of C$63,409.92. 0.55% of the stock is currently owned by corporate insiders.

Aritzia Price Performance

Shares of ATZ stock traded up C$0.97 during mid-day trading on Wednesday, hitting C$34.81. 228,272 shares of the stock were exchanged, compared to its average volume of 398,397. Aritzia has a 52-week low of C$20.67 and a 52-week high of C$44.88. The company has a quick ratio of 0.19, a current ratio of 1.32 and a debt-to-equity ratio of 103.38. The company has a market cap of C$3.13 billion, a PE ratio of 42.98, a price-to-earnings-growth ratio of 1.19 and a beta of 1.85. The firm has a fifty day moving average of C$36.20 and a 200 day moving average of C$30.10.

About Aritzia

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.