Aritzia (TSE:ATZ) PT Raised to C$41.00

Aritzia (TSE:ATZ) had its price objective upped by CIBC from C$37.00 to C$41.00 in a research note published on Friday, BayStreet.CA reports. They currently have an outperform rating on the stock.

ATZ has been the topic of a number of other research reports. Canaccord Genuity Group lifted their price target on shares of Aritzia from C$36.00 to C$38.00 and gave the company a buy rating in a research report on Thursday, January 11th. TD Securities upped their price target on shares of Aritzia from C$34.00 to C$45.00 and gave the company a buy rating in a report on Wednesday, February 14th. Raymond James boosted their price objective on Aritzia from C$35.00 to C$46.00 and gave the stock an outperform rating in a research report on Tuesday, March 19th. Stifel Nicolaus raised their target price on Aritzia from C$34.00 to C$42.00 in a report on Wednesday, April 3rd. Finally, 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 report on Thursday, February 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of C$41.60.

Aritzia Price Performance

TSE ATZ opened at C$38.02 on Friday. The firm has a market cap of C$3.42 billion, a P/E ratio of 46.94, a price-to-earnings-growth ratio of 1.19 and a beta of 1.85. The stock’s 50-day moving average is C$35.55 and its two-hundred day moving average is C$31.18. Aritzia has a fifty-two week low of C$20.67 and a fifty-two week high of C$41.25. The company has a debt-to-equity ratio of 103.38, a current ratio of 1.32 and a quick ratio of 0.19.

Insider Buying and Selling at Aritzia

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