Aritzia Inc. (TSE:ATZ) Receives C$40.60 Consensus Target Price from Analysts

Shares of Aritzia Inc. (TSE:ATZ) have received an average rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$40.60.

Several equities research analysts have commented on ATZ shares. BMO Capital Markets upped 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. Stifel Nicolaus upped their price target on Aritzia from C$34.00 to C$42.00 in a research note on Wednesday, April 3rd. UBS Group upped their price target on Aritzia from C$39.00 to C$50.00 in a research note on Thursday, February 8th. Raymond James upped their price target on Aritzia from C$35.00 to C$46.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 19th. Finally, CIBC upgraded Aritzia from a “neutral” rating to an “outperform” rating and upped their price target for the stock from C$30.00 to C$37.00 in a research note on Thursday, January 11th.

Aritzia Stock Performance

Aritzia stock opened at C$33.05 on Wednesday. The firm has a market capitalization of C$2.97 billion, a P/E ratio of 40.80, a PEG ratio of 1.19 and a beta of 1.85. The stock has a fifty day moving average price of C$35.93 and a 200 day moving average price of C$30.25. Aritzia has a 52 week low of C$20.67 and a 52 week high of C$44.88. The company has a current ratio of 1.32, a quick ratio of 0.19 and a debt-to-equity ratio of 103.38.

Insider Transactions at Aritzia

In other news, Senior Officer Philippa (Pippa) Morgan sold 5,000 shares of the company’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of C$34.77, for a total value of C$173,850.00. Company insiders own 0.55% of the company’s stock.

Aritzia Company Profile

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.