Aritzia Inc (ATZ) Given Average Rating of “Buy” by Brokerages
Shares of Aritzia Inc (TSE:ATZ) have earned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$22.43.
ATZ has been the topic of several research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and set a C$23.00 price objective on shares of Aritzia in a research note on Tuesday, July 11th. Scotiabank decreased their price objective on shares of Aritzia from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Thursday, July 13th. Finally, Royal Bank Of Canada decreased their price objective on shares of Aritzia from C$23.00 to C$21.00 and set an “outperform” rating on the stock in a research note on Wednesday, June 28th.
Aritzia (TSE ATZ) traded down 1.33% during midday trading on Friday, hitting $14.85. The stock had a trading volume of 80,485 shares. Aritzia has a 52 week low of $12.90 and a 52 week high of $19.40. The stock’s 50 day moving average price is $13.63 and its 200-day moving average price is $13.63. The company’s market cap is $1.63 billion.
In other news, insider David John Maciver sold 8,244 shares of the company’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of C$14.64, for a total transaction of C$120,692.16. Also, Director Jennifer Michelle Wong Neal bought 10,000 shares of Aritzia stock in a transaction dated Tuesday, August 22nd. The shares were bought at an average price of C$12.65 per share, for a total transaction of C$126,500.00. Over the last ninety days, insiders have acquired 12,100 shares of company stock worth $152,580 and have sold 104,752 shares worth $1,483,106.
Aritzia Inc operates as a design house and fashion retailer of womens apparel and accessories. It designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, outerwear, leggings, sweatshirts, bodysuits, rompers and jumpsuits, intimates, and active wear; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, IPhone cases, and gloves.
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