CIBC Boosts Aritzia (TSE:ATZ) Price Target to C$41.00

Aritzia (TSE:ATZ) had its price objective raised by CIBC from C$37.00 to C$41.00 in a research report released on Friday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other analysts have also recently commented on ATZ. 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 increased their target price on shares of Aritzia from C$35.00 to C$46.00 and gave the stock an outperform rating in a report on Tuesday, March 19th. BMO Capital Markets lifted their price target on shares of Aritzia from C$38.00 to C$41.00 and gave the stock a market perform rating in a research report on Thursday, February 15th. TD Securities lifted their target price on Aritzia from C$34.00 to C$45.00 and gave the stock a buy rating in a report on Wednesday, February 14th. Finally, Stifel Nicolaus boosted their target price on Aritzia from C$34.00 to C$42.00 in a research note on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of Moderate Buy and a consensus target price of C$41.60.

Aritzia Stock Down 0.9 %

Shares of Aritzia stock opened at C$35.82 on Friday. Aritzia has a 12 month low of C$20.67 and a 12 month high of C$41.25. The business has a fifty day simple moving average of C$35.50 and a 200 day simple moving average of C$30.99. 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 stock has a market cap of C$3.22 billion, a PE ratio of 44.22, a price-to-earnings-growth ratio of 1.19 and a beta of 1.85.

Insider Transactions at Aritzia

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

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.