Aritzia Inc. (TSE:ATZ) Given Average Recommendation of “Moderate Buy” by Brokerages

Aritzia Inc. (TSE:ATZ) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$66.56.

ATZ has been the subject of several research analyst reports. TD Securities upped their price target on shares of Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. Raymond James upped their price target on shares of Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a report on Monday, January 13th. Canaccord Genuity Group boosted their price objective on shares of Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a research note on Sunday, January 12th. Stifel Nicolaus boosted their price objective on shares of Aritzia from C$66.00 to C$70.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Finally, BMO Capital Markets boosted their price objective on shares of Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th.

Aritzia Stock Up 1.2 %

Shares of TSE:ATZ opened at C$69.32 on Friday. The company has a fifty day moving average of C$52.46 and a 200-day moving average of C$47.85. The company has a market capitalization of C$6.37 billion, a PE ratio of 101.94, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40. Aritzia has a 52-week low of C$31.82 and a 52-week high of C$69.68.

Insider Buying and Selling at Aritzia

In other Aritzia news, Senior Officer Todd Jeremy Ingledew sold 7,200 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$68.50, for a total transaction of C$493,200.00. Also, Director Jennifer Wong sold 2,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$46.00, for a total transaction of C$92,000.00. Over the last quarter, insiders have sold 127,075 shares of company stock valued at $6,902,426. 0.94% of the stock is currently owned by insiders.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.