Aritzia Inc (TSE:ATZ) had its price objective lowered by TD Securities from C$23.00 to C$21.00 in a report issued on Friday morning. TD Securities currently has a buy rating on the stock.

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.

TRADEMARK VIOLATION NOTICE: “TD Securities Trims Aritzia Inc (ATZ) Target Price to C$21.00” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was copied illegally and reposted in violation of US and international copyright legislation. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/10/10/td-securities-trims-aritzia-inc-atz-target-price-to-c21-00.html.

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 womenÂ’s 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.

Analyst Recommendations for Aritzia (TSE:ATZ)

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