Aritzia (TSE:ATZ) had its target price raised by CIBC from C$22.00 to C$23.00 in a report issued on Wednesday morning.

Other equities research analysts also recently issued reports about the company. Robert W. Baird set a C$20.00 price target on Aritzia in a report on Wednesday, January 2nd. BMO Capital Markets increased their price objective on Aritzia from C$20.00 to C$21.00 in a research note on Friday, October 19th. TD Securities reissued a buy rating and issued a C$21.00 price objective on shares of Aritzia in a research note on Monday, January 7th. Finally, Royal Bank of Canada increased their price objective on Aritzia from C$21.00 to C$22.00 and gave the stock an outperform rating in a research note on Friday, October 5th.

Shares of TSE ATZ opened at C$17.01 on Wednesday. The company has a debt-to-equity ratio of 23.44, a quick ratio of 0.65 and a current ratio of 2.03. Aritzia has a fifty-two week low of C$11.59 and a fifty-two week high of C$19.79.

Aritzia (TSE:ATZ) last issued its quarterly earnings results on Wednesday, January 9th. The company reported C$0.28 earnings per share for the quarter, topping the consensus estimate of C$0.27 by C$0.01. The business had revenue of C$242.88 million during the quarter, compared to analysts’ expectations of C$235.50 million. As a group, equities research analysts predict that Aritzia will post 0.929999978677249 earnings per share for the current year.

In related news, insider Philippa (Pippa) Morgan sold 20,000 shares of the stock in a transaction that occurred on Tuesday, October 16th. The stock was sold at an average price of C$18.80, for a total value of C$376,000.00. Also, Director Jennifer Michelle Wong Neal sold 5,300 shares of the stock in a transaction that occurred on Monday, October 15th. The stock was sold at an average price of C$18.40, for a total value of C$97,520.00.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, operates as a design house and fashion retailer of women's apparel and accessories. The company designs and sells blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, denim, leggings, sweatshirts, bodysuits, puffers, jumpsuits, and intimates; and accessories, including hats, scarves, bags and pouches, socks and tights, belts, iPhone cases, and gloves.

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