TD Securities Trims Aritzia Inc (ATZ) Target Price to C$21.00
Several other equities research analysts also recently weighed in on ATZ. Royal Bank Of Canada reduced their price objective on shares of Aritzia from C$23.00 to C$21.00 and set an outperform rating for the company in a report on Wednesday, June 28th. BMO Capital Markets reaffirmed an outperform rating and issued a C$23.00 price objective on shares of Aritzia in a report on Tuesday, July 11th. Scotiabank reduced their price objective on shares of Aritzia from C$23.00 to C$22.00 and set an outperform rating for the company in a report on Thursday, July 13th. Finally, Canaccord Genuity reduced their price objective on shares of Aritzia from C$23.00 to C$21.00 and set a buy rating for the company in a report on Friday. Eight investment analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and a consensus price target of C$21.71.
Aritzia (TSE:ATZ) opened at 13.38 on Friday. Aritzia has a one year low of $12.90 and a one year high of $19.40. The stock has a 50 day moving average of $14.15 and a 200-day moving average of $14.15. The stock has a market cap of $1.48 billion and a P/E ratio of 93.57.
In other Aritzia news, Director Jennifer Michelle Wong Neal purchased 10,000 shares of the company’s stock in a transaction on Tuesday, August 22nd. The shares were purchased at an average cost of C$12.65 per share, for a total transaction of C$126,500.00. Also, insider David John Maciver sold 81,026 shares of the business’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of C$14.00, for a total transaction of C$1,134,364.00. Over the last quarter, insiders acquired 12,100 shares of company stock worth $152,580.
Aritzia Company Profile
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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