Aritzia Inc (ATZ) Receives Average Rating of “Buy” from Brokerages
Shares of Aritzia Inc (TSE:ATZ) have earned an average recommendation of “Buy” from the eight analysts that are currently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$22.43.
A number of brokerages have commented on ATZ. Royal Bank Of Canada boosted their target price on Aritzia from C$22.00 to C$23.00 and gave the company an “outperform” rating in a research note on Thursday, May 11th. Scotiabank lowered their target price on Aritzia from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Thursday, July 13th. CIBC lowered their target price on Aritzia from C$26.00 to C$22.00 in a research note on Thursday, May 11th. William Blair restated an “outperform” rating on shares of Aritzia in a research note on Wednesday, May 10th. Finally, TD Securities restated a “buy” rating and issued a C$23.00 target price on shares of Aritzia in a research note on Thursday, May 4th.
Aritzia (TSE:ATZ) traded up 2.72% during trading on Friday, reaching $12.84. The company had a trading volume of 46,908 shares. The stock has a 50 day moving average price of $13.95 and a 200 day moving average price of $15.03. The firm’s market capitalization is $1.41 billion. Aritzia has a 12 month low of $12.29 and a 12 month high of $19.40.
In other Aritzia news, insider David John Maciver sold 8,244 shares of the business’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of C$14.64, for a total value of C$120,692.16.
Aritzia Company Profile
Aritzia Inc operates as a design house and fashion retailer of womens apparel and accessories. It designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, outerwear, leggings, sweatshirts, bodysuits, rompers and jumpsuits, intimates, and active wear; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, IPhone cases, and gloves.
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