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

Shares of Aritzia Inc. (OTCMKTS:ATZAF) have been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Eight research analysts have rated the stock with a buy rating.

A number of brokerages have recently issued reports on ATZAF. TD Securities reissued a “buy” rating on shares of Aritzia in a research note on Friday, July 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Aritzia in a research note on Friday, July 10th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Aritzia in a report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Aritzia in a research report on Friday, July 10th. Finally, National Bank Financial initiated coverage on shares of Aritzia in a research note on Wednesday, April 8th. They issued an “outperform” rating on the stock.

Aritzia Trading Up 1.2%

OTCMKTS ATZAF opened at $103.49 on Tuesday. The stock has a 50 day moving average price of $109.44 and a 200-day moving average price of $96.37. Aritzia has a one year low of $51.34 and a one year high of $124.48.

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.