Aritzia Inc. (OTCMKTS:ATZAF) Receives Consensus Rating of “Buy” from Brokerages

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

A number of research analysts recently weighed in on ATZAF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Aritzia in a report on Monday, November 17th. The Goldman Sachs Group initiated coverage on shares of Aritzia in a research report on Thursday, December 11th. They set a “buy” rating for the company. CIBC reissued an “outperform” rating on shares of Aritzia in a research note on Wednesday, October 1st. UBS Group restated a “buy” rating on shares of Aritzia in a report on Wednesday. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Aritzia in a report on Tuesday, October 28th.

Aritzia Stock Performance

OTCMKTS ATZAF opened at $85.45 on Friday. Aritzia has a 1-year low of $25.48 and a 1-year high of $89.00. The business has a 50 day simple moving average of $77.41 and a two-hundred day simple moving average of $64.41.

About Aritzia

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.