Aritzia (TSE:ATZ) Given New C$40.00 Price Target at Canaccord Genuity Group

Aritzia (TSE:ATZ) had its price objective boosted by Canaccord Genuity Group from C$38.00 to C$40.00 in a research report sent to investors on Friday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Other analysts also recently issued reports about the company. UBS Group increased their price target on Aritzia from C$39.00 to C$50.00 in a report on Thursday, February 8th. TD Securities dropped their target price on shares of Aritzia from C$45.00 to C$43.00 and set a buy rating on the stock in a research report on Friday. Raymond James upped their price objective on shares of Aritzia from C$35.00 to C$46.00 and gave the company an outperform rating in a report on Tuesday, March 19th. BMO Capital Markets upped their price target on shares of Aritzia from C$38.00 to C$41.00 and gave the stock a market perform rating in a report on Thursday, February 15th. Finally, Stifel Nicolaus boosted their target price on Aritzia from C$34.00 to C$42.00 in a research report on Wednesday, April 3rd. 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. Based on data from MarketBeat, Aritzia has a consensus rating of Moderate Buy and an average target price of C$41.60.

Aritzia Trading Down 0.9 %

TSE:ATZ opened at C$35.82 on Friday. Aritzia has a 52 week low of C$20.67 and a 52 week high of C$41.25. The company has a debt-to-equity ratio of 103.38, a quick ratio of 0.19 and a current ratio of 1.32. The firm’s fifty day moving average is C$35.50 and its 200-day moving average is C$30.99. The firm has a market cap of C$3.22 billion, a P/E ratio of 44.22, a P/E/G ratio of 1.19 and a beta of 1.85.

Insider Buying and Selling at Aritzia

In other news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the company’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. Corporate 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.