Aritzia Inc. (OTCMKTS:ATZAF) Given Average Rating of “Buy” by Brokerages

Shares of Aritzia Inc. (OTCMKTS:ATZAF) have received an average recommendation of “Buy” from the eight research firms that are presently covering the company, MarketBeat reports. Eight equities research analysts have rated the stock with a buy recommendation.

A number of brokerages have issued reports on ATZAF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Aritzia in a report on Friday, January 9th. BMO Capital Markets reissued an “outperform” rating on shares of Aritzia in a research report on Friday, December 19th. The Goldman Sachs Group began coverage on Aritzia in a research note on Thursday, December 11th. They set a “buy” rating for the company. UBS Group reiterated a “buy” rating on shares of Aritzia in a research note on Wednesday, December 31st. Finally, TD Securities reissued a “buy” rating on shares of Aritzia in a report on Friday, January 9th.

Aritzia Stock Down 0.6%

Aritzia stock opened at $79.27 on Tuesday. The company has a fifty day simple moving average of $84.73 and a 200-day simple moving average of $69.09. Aritzia has a 12-month low of $25.48 and a 12-month high of $100.27.

Aritzia Company Profile

Aritzia Inc is a Canadian fashion retailer specializing in women’s apparel and accessories. Founded in 1984 by Brian Hill in Vancouver, British Columbia, the company has grown from a single boutique into a vertically integrated lifestyle brand. Aritzia designs, manufactures and markets a range of in-house labels, including TNA, Wilfred, Babaton and Super Puff, catering to a contemporary female clientele that values both trend-driven and timeless wardrobe essentials.

The company’s product assortment spans outerwear, knitwear, denim, suiting, activewear and accessories, with an emphasis on quality fabrics, fit and craftsmanship.