Brokerages Set Aritzia Inc. (OTCMKTS:ATZAF) Target Price at $43.00

Shares of Aritzia Inc. (OTCMKTS:ATZAF) have received an average rating of “Buy” from the seven research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $45.33.

Several equities analysts recently issued reports on ATZAF shares. CIBC boosted their price target on shares of Aritzia from C$42.00 to C$43.00 and gave the company an “outperform” rating in a research report on Wednesday, July 14th. BMO Capital Markets upped their target price on shares of Aritzia from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 14th. Scotiabank lifted their price target on shares of Aritzia from C$41.00 to C$44.00 and gave the company an “outperform” rating in a research report on Monday, September 20th. Royal Bank of Canada downgraded shares of Aritzia from an “outperform” rating to a “sector perform” rating in a research note on Tuesday. Finally, Canaccord Genuity upped their price target on Aritzia from C$43.00 to C$50.00 and gave the stock a “buy” rating in a research note on Thursday. They noted that the move was a valuation call.

Shares of Aritzia stock opened at $32.53 on Monday. Aritzia has a 12-month low of $14.45 and a 12-month high of $34.20. The company’s fifty day simple moving average is $32.25 and its two-hundred day simple moving average is $28.54.

About Aritzia

Aritzia, Inc engages in the design of apparel and accessories for its collection of fashion brands. Its brands include Wilfred, Babaton, Tna, Wilfred Free, Sunday Best, Le Fou Wilfred, Denim Forum, Little Moon, and The Group by Babaton. It operates through Canada, and United States geographical segments.

Read More: What is a Reverse Stock Split?

Analyst Recommendations for Aritzia (OTCMKTS:ATZAF)

Receive News & Ratings for Aritzia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aritzia and related companies with MarketBeat.com's FREE daily email newsletter.